OKX has announced its intention to remove 16 trading pairs, including tokens such as ALCX and NULS. The delisting is scheduled for June 20, 2025, from 8:00 AM to 10:00 AM UTC. This decision will impact traders globally.
Upcoming Delisting of Trading Pairs
OKX has confirmed the delisting of several trading pairs, including ALCX/USDT. Deposits for these tokens will be suspended from June 16, 2025, and withdrawals will cease in September. Traders are advised to proactively cancel orders, as the platform will automatically cancel any remaining orders within three business days.
Impact on Market and Liquidity
Following the delisting announcement, financial markets anticipate increased sell-offs, which may lead to declining liquidity and pricing for affected altcoins. Temporary market volatility is expected as support from a major exchange diminishes.
Historical Delisting Trends
Historical data suggests that delistings on major exchanges, like OKX, often lead to short-term liquidity losses. Previously delisted tokens have experienced significant price drops due to reduced market support. Currently, ALCX is priced at $8.14 with a market capitalization of $19,785,785.
Thus, the anticipated delisting of trading pairs on OKX raises questions about market volatility and potential consequences for traders and liquidity. It is important to consider historical trends that demonstrate how such measures can impact token prices.
