{"id":321646,"date":"2023-05-01T11:38:51","date_gmt":"2023-05-01T10:38:51","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=321646"},"modified":"2023-05-01T11:38:51","modified_gmt":"2023-05-01T10:38:51","slug":"okx-and-binance-lead-the-way-in-137m-crypto-liquidation-as-market-stumbles","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/okx-and-binance-lead-the-way-in-137m-crypto-liquidation-as-market-stumbles\/","title":{"rendered":"OKX and Binance lead the way in $137M crypto liquidation as market stumbles"},"content":{"rendered":"<p>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>.<\/p>\n<p>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.<\/p>\n<h2>Liquidations<\/h2>\n<p>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.<\/p>\n<p>According to numbers categorizing liquidations based on exchanges, most were from long positions.<\/p>\n<figure id=\"attachment_321654\" aria-describedby=\"caption-attachment-321654\" style=\"width: 625px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" 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>\n<p><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.<\/p>\n<h2>Market drop<\/h2>\n<p><em>CryptoSlate<\/em> <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.<\/p>\n<p>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.<\/p>\n<p>Despite the overall market drop, <em>CryptoSlate<\/em> data reveal that the <a href=\"https:\/\/cryptoslate.com\/cryptos\/media\/\">media sector<\/a> recorded a 16.77% growth in the last 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over $137M worth of crypto were liquidated in the last 24 hours as the crypto market started to fall, according to Coinglass data. CryptoSlate numbers indicate that Bitcoin (BTC) price fell by -2.49% in the last 24 hours, dragging most altcoins. Liquidations Out of $137.22 million that got liquidated in a day, $62.9 million came [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":321661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76736,6849],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OKX and Binance lead the way in $137M crypto liquidation as market stumbles<\/title>\n<meta name=\"description\" content=\"At the time of writing, over $137 million worth of crypto got liquidated in the last 24 hours, as Bitcoin lost 2.18% in value.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/okx-and-binance-lead-the-way-in-137m-crypto-liquidation-as-market-stumbles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OKX and Binance lead the way in $137M crypto liquidation as market stumbles\" \/>\n<meta property=\"og:description\" content=\"At the time of writing, over $137 million worth of crypto got liquidated in the last 24 hours, as Bitcoin lost 2.18% in value.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/okx-and-binance-lead-the-way-in-137m-crypto-liquidation-as-market-stumbles\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-01T10:38:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/bitcoin-downward.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/okx-and-binance-lead-the-way-in-137m-crypto-liquidation-as-market-stumbles\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/okx-and-binance-lead-the-way-in-137m-crypto-liquidation-as-market-stumbles\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. 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