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International Business Times

Business

Marvie Basilan

Binance Accounts For Half Of $120M 24-Hour Liquidations Amid Bitcoin Dip

Bitcoin Binance Crypto Jack Mallers BlackRock CoinGecko OKX

The crypto market is down, triggering nearly $120 million in liquidations in the last 24 hours. (Credit: Alesia Kozik/Pexels.com)

KEY POINTS

Bitcoin and several other top cryptocurrencies declined in the last 24 hours
Binance and OKX suffered most of the past day's liquidations
Bitcoin and Ether were close in total liquidations in the last day

Binance, which is the world's largest cryptocurrency exchange by trading volume, saw the most liquidations over the last 24 hours as Bitcoin, the world's top digital asset by market value, continued seeing red.

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