Cryptocurrency exchange OKX’s native token OKB flash crashed by more than 25% during the trading hours of 23rd January. The cryptocurrency tumbled from $51.99 to $39 in a matter of 10 minutes, AMBCrypto noticed using CoinMarketCap data. About $760 million of OKB’s market cap was wiped out during the precipitous fall. However, the coin quickly recovered to $48 and has since been stable at those levels. The wild fluctuation happened due to liquidation cascades, according to OKX’s own admission. The official handle of OKX Chinese said on X,
LIVE
Mkt Cap $2.27T
BTC Dom 56.64 %
BTC
$64,179.00
▼ -0.40%
ETH
$1,895.84
▲ +0.00%
USDT
$0.999175
▲ +0.00%
BNB
$587.29
▲ +0.00%
USDC
$0.999563
▲ +0.00%
XRP
$1.02
▼ -2.30%
SOL
$72.62
▼ -1.20%
TRX
$0.327441
▼ -0.10%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.49
▼ -0.90%
DOGE
$0.068992
▼ -0.80%
USDS
$0.999896
▲ +0.00%
RAIN
$0.012555
▼ -0.10%
LEO
$9.75
▲ +0.00%
ZEC
$503.92
▼ -0.70%
ADA
$0.199716
▲ +5.10%
XMR
$369.50
▲ +1.20%
WBT
$55.59
▼ -0.40%
LINK
$8.14
▲ +0.50%
XLM
$0.159707
▼ -1.10%
DAI
$0.99986
▲ +0.00%
BCH
$213.28
▲ +0.20%
USD1
$0.999565
▲ +0.00%
USDE
$0.999477
▲ +0.00%
GRAM
$1.33
▼ -5.50%
Mkt Cap $2.27T
BTC Dom 56.64 %
BTC
$64,179.00
▼ -0.40%
ETH
$1,895.84
▲ +0.00%
USDT
$0.999175
▲ +0.00%
BNB
$587.29
▲ +0.00%
USDC
$0.999563
▲ +0.00%
XRP
$1.02
▼ -2.30%
SOL
$72.62
▼ -1.20%
TRX
$0.327441
▼ -0.10%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.49
▼ -0.90%
DOGE
$0.068992
▼ -0.80%
USDS
$0.999896
▲ +0.00%
RAIN
$0.012555
▼ -0.10%
LEO
$9.75
▲ +0.00%
ZEC
$503.92
▼ -0.70%
ADA
$0.199716
▲ +5.10%
XMR
$369.50
▲ +1.20%
WBT
$55.59
▼ -0.40%
LINK
$8.14
▲ +0.50%
XLM
$0.159707
▼ -1.10%
DAI
$0.99986
▲ +0.00%
BCH
$213.28
▲ +0.20%
USD1
$0.999565
▲ +0.00%
USDE
$0.999477
▲ +0.00%
GRAM
$1.33
▼ -5.50%
BTC
$64,179.00
▼ -0.40%
ETH
$1,895.84
▲ +0.00%
USDT
$0.999175
▲ +0.00%
BNB
$587.29
▲ +0.00%
USDC
$0.999563
▲ +0.00%
XRP
$1.02
▼ -2.30%
SOL
$72.62
▼ -1.20%
TRX
$0.327441
▼ -0.10%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.49
▼ -0.90%
DOGE
$0.068992
▼ -0.80%
USDS
$0.999896
▲ +0.00%
RAIN
$0.012555
▼ -0.10%
LEO
$9.75
▲ +0.00%
ZEC
$503.92
▼ -0.70%
ADA
$0.199716
▲ +5.10%
XMR
$369.50
▲ +1.20%
WBT
$55.59
▼ -0.40%
LINK
$8.14
▲ +0.50%
XLM
$0.159707
▼ -1.10%
DAI
$0.99986
▲ +0.00%
BCH
$213.28
▲ +0.20%
USD1
$0.999565
▲ +0.00%
USDE
$0.999477
▲ +0.00%
GRAM
$1.33
▼ -5.50%
Mkt Cap $2.27T
BTC Dom 56.64 %
BTC
$64,179.00
▼ -0.40%
ETH
$1,895.84
▲ +0.00%
USDT
$0.999175
▲ +0.00%
BNB
$587.29
▲ +0.00%
USDC
$0.999563
▲ +0.00%
XRP
$1.02
▼ -2.30%
SOL
$72.62
▼ -1.20%
TRX
$0.327441
▼ -0.10%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.49
▼ -0.90%
DOGE
$0.068992
▼ -0.80%
USDS
$0.999896
▲ +0.00%
RAIN
$0.012555
▼ -0.10%
LEO
$9.75
▲ +0.00%
ZEC
$503.92
▼ -0.70%
ADA
$0.199716
▲ +5.10%
XMR
$369.50
▲ +1.20%
WBT
$55.59
▼ -0.40%
LINK
$8.14
▲ +0.50%
XLM
$0.159707
▼ -1.10%
DAI
$0.99986
▲ +0.00%
BCH
$213.28
▲ +0.20%
USD1
$0.999565
▲ +0.00%
USDE
$0.999477
▲ +0.00%
GRAM
$1.33
▼ -5.50%
