On January 31st, OKX Star stated: “I don’t like debates — you can never wake up someone pretending to be asleep.” That said, the spokesperson emphasized the importance of clarifying facts, sharing the following details: 1. Bitcoin started declining roughly 30 minutes before USDe de-pegged. Absent the USDe leverage loop, the market would likely have stabilized by that point. Selling chain reactions were not inevitable but amplified by structural leverage. 2. Dragonfly has never invested in OKX — neither in small nor large amounts. In fact, OKX previously invested in Dragonfly. 3. “I won’t spend any more time discussing this topic,” the statement added.
This news is powered by Lookonchain 
