Red alert in OKX exchange futures!

Abnormal price movements, with pins up to 45 in OKX’s futures, created panic among exchange users.

Cryptocurrency exchange OKX was on the agenda with the instability in the futures market. This situation, which started to appear in the morning hours, started to be heard especially with the price movements of a few coins. First, there was an increase of up to 13.74 percent in Arbitrum (ARB). However, in other cryptocurrency exchanges, this increase was close to 6 percent. The most critical aspect of the incident was seen in Teller (TRB) and Storj (STORJ).

Volatility of nearly 45 percent was observed!

OKX, which has much more volatile parities than other cryptocurrency exchanges, has received criticism on this issue not only from users but also from many influencers. Although the activity in ARB was not incredible, a collapse of 43.70 percent in TRB and 25.16 percent in STORJ was recorded.

OKX, who published a post on X about the issue, said: “We detected an irregularity in our markets and immediately resolved the problem within a few minutes.” said. Stating that its customer services and various teams continue to work on the issue, the stock exchange stated that the losses experienced will be compensated.