Again, it seems that in this chapter Zoro only makes an observation and we aren't revealed everything fully yet.
Plus it was kind of obvious that the only form where King's flame disappears - his hybrid form - is faster than his base lol. I still think we have one more chapter left, like Robin vs Black Maria fight had one chapter with the vs title and then climax chapter with Demonio title.
At this point, Ill wait for the full summary. Based on this short summary, I dont think King is defeated yet since half the chapter is about flashbacks.