Stacks

Cardano

SingularityNET

Solana

Over $137M worth of crypto were liquidated in the last 24 hours as the crypto market started to fall, according to Coinglass <a href="https://www.coinglass.com/LiquidationData">data</a>.
CryptoSlate numbers indicate that Bitcoin (<a href="https://cryptoslate.com/coins/bitcoin/">BTC</a>) price fell by -2.49% in the last 24 hours, dragging most altcoins.
<h2 id="liquidations">Liquidations</h2>
Out of $137.22 million that got liquidated in a day, $62.9 million came from BTC, which accounts for over 45% of the total amount. Another large chunk was from Ethereum (ETH), with $31.53 million. The remaining altcoins recorded nearly $2 million in liquidations each.
According to numbers categorizing liquidations based on exchanges, most were from long positions.
<figure id="attachment_321654" aria-describedby="caption-attachment-321654" style="width: 625px" class="wp-caption alignnone"><img class=" wp-image-321654" src="https://cryptoslate.com/wp-content/uploads/2023/05/Screenshot-2023-05-01-at-12.57.32.png" alt="Liquidations by exchange (Source: CoinGlass)" width="625" height="507" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/Screenshot-2023-05-01-at-12.57.32.png 1384w, https://cryptoslate.com/wp-content/uploads/2023/05/Screenshot-2023-05-01-at-12.57.32-300x243.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/Screenshot-2023-05-01-at-12.57.32-1024x830.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/Screenshot-2023-05-01-at-12.57.32-768x623.png 768w" sizes="(max-width: 625px) 100vw, 625px" /><figcaption id="caption-attachment-321654" class="wp-caption-text">Liquidations by exchange (Source: CoinGlass)</figcaption></figure>
<a href="https://cryptoslate.com/companies/okx/">OKX</a> came forwards as the exchange that facilitated the most significant amount of liquidations with $47.63 million, which accounted for 34.71% of the total amount liquidated in the last 24 hours. <a href="https://cryptoslate.com/companies/binance/">Binance</a> followed OKX as a close second with $45.39 million of liquidations.
<h2 id="market-drop">Market drop</h2>
CryptoSlate <a href="https://cryptoslate.com/coins/">data</a> indicates that 91 coins recorded a price fall in the last 24 hours. Larges decreases were recorded by XinFin (<a href="https://cryptoslate.com/coins/xinfin/">XDC</a>), SingularityNET (<a href="https://cryptoslate.com/coins/singularitynet/">AGIX</a>), and Stacks (<a href="https://cryptoslate.com/coins/stacks/">STX</a>) with -6.68%, -6.37%, and -5.71%, respectively.
In addition to BTC, which lost -2.49% of its value, ETH, XRP (<a href="https://cryptoslate.com/coins/xrp/">XRP</a>), Cardano (<a href="https://cryptoslate.com/coins/cardano/">ADA</a>), and Solana (<a href="https://cryptoslate.com/coins/solana/">SOL</a>) lost -3.05%, -2.83%, and -5.4%, respectively.
Despite the overall market drop, CryptoSlate data reveal that the <a href="https://cryptoslate.com/cryptos/media/">media sector</a> recorded a 16.77% growth in the last 24 hours.
The post <a rel="nofollow" href="https://cryptoslate.com/okx-and-binance-lead-the-way-in-137m-crypto-liquidation-as-market-stumbles/">OKX and Binance lead the way in $137M crypto liquidation as market stumbles</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.

OKX and Binance lead the way in $137M crypto liquidation as market stumbles

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OKX and Binance lead the way in $137M crypto liquidation as market stumbles

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