Kraken Liquidates 21 Delisted Tokens Amid Market Uncertainty

Crypto holders are facing a crucial deadline of August 27th to save 21 tokens from being liquidated by Kraken. The exchange has announced that it will close its general withdrawal window at 14:00 UTC, after which remaining balances will be automatically liquidated between September 1st and 5th.

Kraken's delisting notice warns that several affected tokens have limited or inactive markets, which may result in minimal or no proceeds from the liquidation. The exchange has not promised a specific execution time or price during the five-day window.

Holders of these 21 assets, including AURA, BIT, BOND, and others, are advised to withdraw their balances before August 27th if they want to control the timing of their exit. After that date, Kraken will determine when balances from these delisted tokens are liquidated.