Crypto Change OKX’s Token OKB Suffers 50% Flash Crash Amid Liquidation Cascade

Crypto Change OKX’s Token OKB Suffers 50% Flash Crash Amid Liquidation Cascade

by Jeremy

Flash crashes are widespread in crypto markets as skinny liquidity is commonly distributed throughout a number of venues. Two % market depth, which measures the quantity of capital required to maneuver an asset by 2%, is between $224,000 and $184,000 for OKB, which means {that a} promote order of greater than $224,000 may cascade value once more.

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