Bitcoin briefly plunged to $24,000 on Binance’s thinly traded BTC/USD1 pair during holiday trading. A large market sell order wiped out limited buy-side liquidity, triggering a flash crash. Arbitrage ...
The BTC/USD1 trading pair on Binance experienced a brief flash crash. Bitcoin plunged to $24,000 before quickly recovering. The incident did not affect Bitcoin prices on major pairs such as BTC/USDT.
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