From $121 Highs to Sub-$100: Why OKB is Following the Infamous Uniswap Correction Path

TradingKey11:41

TradingKey - ICE Enters Crypto Exchange OKX; OKB Price Experiences Major Retracement After Brief Surge.

On Friday (March 6), the platform token OKB fell below the $100 mark, trading at $98.4. Compared to the previous day's high, the price of OKB has retraced 18%, repeating the Uniswap pattern and further reflecting the ongoing weakness in the overall crypto market.

OKB Price Chart, Source: CoinMarketCap

This Thursday, the price of OKB surged more than 50% intraday, soaring from a low near $78 to a peak of $120. This followed news that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), invested in the OKX exchange at a valuation of $25 billion.

Last month, BlackRock announced it had also purchased the Uniswap platform token, UNI, though the specific amount was not disclosed. Following the news, the price of UNI jumped 36%, soaring from $3.6 to $4.5, but returned to its opening price by the end of the day, finishing essentially flat.

UNI Price Chart, Source: TradingView

It is evident that in a sluggish market, positive news for individual cryptocurrencies may trigger brief price spikes, but it is difficult to sustain such gains. Therefore, investors should not be swayed by positive headlines or rush blindly into positions; they must remain vigilant against potential retracement risks.

Find out more

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Compared to the previous day's high, the price of OKB has retraced 18%, repeating the Uniswap pattern and further reflecting the ongoing weakness in the overall crypto market.</span></p><p dir=\"ltr\"><img height=\"205\" src=\"https://resource.tradingkey.com/uploads/20260306/okx-okb-price-8e47fe5830a84ee1af7c9bf7c16ad360.png\" width=\"800\"/><span>OKB Price Chart, Source: CoinMarketCap</span></p><p dir=\"ltr\"><span>This Thursday, the price of OKB surged more than 50% intraday, soaring from a low near $78 to a peak of $120. This followed news that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), invested in the OKX exchange at a valuation of $25 billion.</span></p><p dir=\"ltr\"><span>Last month, BlackRock announced it had also purchased the Uniswap platform token, UNI, though the specific amount was not disclosed. Following the news, the price of UNI jumped 36%, soaring from $3.6 to $4.5, but returned to its opening price by the end of the day, finishing essentially flat.</span></p><p dir=\"ltr\"><img height=\"374\" src=\"https://resource.tradingkey.com/uploads/20260306/uniswap-uni-price-a59d4b2c0451433ba37895cf000f9d13.png\" width=\"800\"/><span>UNI Price Chart, Source: TradingView</span></p><p dir=\"ltr\"><span>It is evident that in a sluggish market, positive news for individual cryptocurrencies may trigger brief price spikes, but it is difficult to sustain such gains. Therefore, investors should not be swayed by positive headlines or rush blindly into positions; they must remain vigilant against potential retracement risks.</span></p><p>Find out more</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>From $121 Highs to Sub-$100: Why OKB is Following the Infamous Uniswap Correction Path</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrom $121 Highs to Sub-$100: Why OKB is Following the Infamous Uniswap Correction Path\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2026-03-06 11:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p dir=\"ltr\"><span>TradingKey - ICE Enters Crypto Exchange OKX; OKB Price Experiences Major Retracement After Brief Surge.</span></p><p dir=\"ltr\"><span>On Friday (March 6), the platform token OKB fell below the $100 mark, trading at $98.4. Compared to the previous day's high, the price of OKB has retraced 18%, repeating the Uniswap pattern and further reflecting the ongoing weakness in the overall crypto market.</span></p><p dir=\"ltr\"><img height=\"205\" src=\"https://resource.tradingkey.com/uploads/20260306/okx-okb-price-8e47fe5830a84ee1af7c9bf7c16ad360.png\" width=\"800\"/><span>OKB Price Chart, Source: CoinMarketCap</span></p><p dir=\"ltr\"><span>This Thursday, the price of OKB surged more than 50% intraday, soaring from a low near $78 to a peak of $120. This followed news that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), invested in the OKX exchange at a valuation of $25 billion.</span></p><p dir=\"ltr\"><span>Last month, BlackRock announced it had also purchased the Uniswap platform token, UNI, though the specific amount was not disclosed. Following the news, the price of UNI jumped 36%, soaring from $3.6 to $4.5, but returned to its opening price by the end of the day, finishing essentially flat.</span></p><p dir=\"ltr\"><img height=\"374\" src=\"https://resource.tradingkey.com/uploads/20260306/uniswap-uni-price-a59d4b2c0451433ba37895cf000f9d13.png\" width=\"800\"/><span>UNI Price Chart, Source: TradingView</span></p><p dir=\"ltr\"><span>It is evident that in a sluggish market, positive news for individual cryptocurrencies may trigger brief price spikes, but it is difficult to sustain such gains. Therefore, investors should not be swayed by positive headlines or rush blindly into positions; they must remain vigilant against potential retracement risks.</span></p><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4112","symbol_name":"金融交易所和数据","start_time":0,"source_url":"https://www.tradingkey.com/news/cryptocurrencies/261652662-ice-okx-okb-uniswap-uni-tradingkey","article_id":"2617449509","we_media_id":"1041236214","thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20240116/0695dce50df65ef2464af69a2ea06012.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2617449509","pubTimestamp":1772768499,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"TradingKey","introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"summary":"ICE enters crypto exchange OKX; OKB price faces a major correction after a brief surge.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4112":"金融交易所和数据","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00BQXX3C00.GBP":"GUINNESS GLOBAL INNOVATORS \"C\" (GBP) ACC","IE00BQXX3D17.EUR":"GUINNESS GLOBAL INNOVATORS \"C\" (EUR) ACC","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","ICE.AU":"ICETANA LTD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","ICE":"洲际交易所","LU0314106906.USD":"MANULIFE GF GLOBAL EQUITY \"AA\" (USD) INC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","NYSE":"纽交所","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","BK4585":"ETF&股票定投概念","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","LU1917777945.USD":"安联专题基金Cl AT Acc","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK7016":"应用软件","BK4588":"碎股"},"translate_title":"从121美元高点到100美元以下：为什么OKB遵循臭名昭著的Uniswap修正路径","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ICE":1,"ICE.AU":1,"NYSE":1},"content_text":"TradingKey - ICE Enters Crypto Exchange OKX; OKB Price Experiences Major Retracement After Brief Surge.On Friday (March 6), the platform token OKB fell below the $100 mark, trading at $98.4. Compared to the previous day's high, the price of OKB has retraced 18%, repeating the Uniswap pattern and further reflecting the ongoing weakness in the overall crypto market.OKB Price Chart, Source: CoinMarketCapThis Thursday, the price of OKB surged more than 50% intraday, soaring from a low near $78 to a peak of $120. This followed news that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), invested in the OKX exchange at a valuation of $25 billion.Last month, BlackRock announced it had also purchased the Uniswap platform token, UNI, though the specific amount was not disclosed. Following the news, the price of UNI jumped 36%, soaring from $3.6 to $4.5, but returned to its opening price by the end of the day, finishing essentially flat.UNI Price Chart, Source: TradingViewIt is evident that in a sluggish market, positive news for individual cryptocurrencies may trigger brief price spikes, but it is difficult to sustain such gains. Therefore, investors should not be swayed by positive headlines or rush blindly into positions; they must remain vigilant against potential retracement risks.Find out more","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2617449509","isCrawlerRequest":true}