The post OKB Hits Record $195 After 93% Supply Burn—But Warning Signs Emerge appeared on BitcoinEthereumNews.com.

The crypto market has rebounded today, with the global crypto market capitalization edging higher after several days of decline. Leading the charge is OKB, the native token of crypto exchange OKX. OKB surged over 51% in the past 24 hours, hitting a new all-time high of $195 earlier today. Although OKB trades slightly lower at press time, around $194.07, key indicators continue to signal a strong bullish presence. This raises the possibility of retesting and surpassing its new high. OKB Rally Supercharged by Token Burn OKB is one of the best-performing crypto assets of the past week. Its price has soared nearly 85% in the past seven days. This price surge comes on the heels of a massive token burn that slashed OKB’s circulating supply by 93%.  This aggressive reduction has intensified investor demand, and technical indicators suggest the likelihood of a sustained rally if this continues. For example, OKB’s Aroon Up Line is 100% at press time, indicating the uptrend is strong and backed by significant capital.  For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. OKB Aroon Up Line. Source: TradingView An asset’s Aroon Indicator measures the strength and direction of a trend by tracking the time since the highest and lowest prices over a given period. It comprises two lines: Aroon Up, which measures bullish activity, and Aroon Down, which tracks bearish pressure.  As with OKB, when the Aroon Up line is 100%, the asset has recently hit a new high, signaling a dominant bullish trend. It suggests that buying pressure is high, and the token’s price may continue rising. Further, OKB’s Chaikin Money Flow (CMF) sits atop the zero line and is trending higher at press time, confirming the liquidity inflow. The key momentum indicator,…

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Filed under: News - @ August 21, 2025 9:29 am