Kraken is delisting 21 tokens and giving holders until August 27 at 14:00 UTC to withdraw their assets. Starting September 1, the exchange will automatically convert remaining balances over a five-day period according to prevailing market conditions. The TEER token presents a special case since its network has ceased operations, restricting normal transfers. The impact on liquidity will depend on users’ ability to withdraw before the deadline and migrate to other platforms. Markets already thin for some of these tokens could face additional pressure if residual balances are liquidated under unfavorable market conditions.
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