According to EmberCN on Twitter, OKX has executed its 28th on-chain OKB token burn in the past half hour, removing 42.44 million OKB from circulation. The cumulative effect of these burns has retired 213 million OKB, accounting for 71.2% of the total OKB supply (300 million). This significant reduction in circulating supply could contribute to increased scarcity, potentially supporting OKB price action and trader sentiment. Such large-scale burns are closely monitored by crypto traders seeking deflationary token models and may influence price volatility and liquidity on exchanges. (Source: EmberCN Twitter, June 19, 2025)

According to Cas Abbé on Twitter, the approval of LIP O16 (Lista freeze) in January 2025 allows users to lock their $LISTA tokens in a smart contract, effectively freezing them for a set period. This strategic move aims to decrease the circulating supply of $LISTA, a common mechanism to support token price appreciation by increasing scarcity. Traders should monitor on-chain metrics for locked supply and potential upward price movements as liquidity is reduced. This development could drive bullish momentum and impact related DeFi projects on the Lista platform (source: Cas Abbé, Twitter, June 9, 2025).