According to Coinglass, more than $137 million in crypto has been liquidated in the past 24 hours as the crypto market began to slide facts.
Figures from CryptoSlate indicate that the price of Bitcoin (BTC) is down -2.49% in the past 24 hours, dragging most of the altcoins with it.
Liquidations
Of the $137.22 million that was liquidated in a day, $62.9 million came from BTC, which accounts for more than 45% of the total amount. Another big chunk came from Ethereum (ETH), with $31.53 million. The remaining altcoins each registered nearly $2 million in liquidations.
According to numbers that categorize liquidations by exchanges, most came from long positions.
OKX emerged as the exchange that facilitated the largest amount of liquidations with $47.63 million, which accounted for 34.71% of the total amount liquidated in the last 24 hours. Binance followed OKX as a close second with $45.39 million in liquidations.
Fall in the market
CryptoSlate data indicates that 91 coins have registered a price drop in the past 24 hours. Large declines were recorded by XinFin (XDC), SingularityNET (AGIX) and Stacks (STX) with -6.68%, -6.37% and -5.71% respectively.
In addition to BTC, which lost -2.49% of its value, ETH, XRP (XRP), Cardano (ADA), and Solana (SOL) lost -3.05%, -2.83%, and -5.4%, respectively.
Despite the overall market downturn, CryptoSlate data shows that the media sector has grown by 16.77% in the past 24 hours.
The post OKX and Binance lead the way in $137M crypto liquidation as the market stumbled appeared first on CryptoSlate.
