Bitcoin briefly trades at $24,000 on Binance’s USD1 pair in flash move. Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours.

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"A single large market sell, a liquidation, or an automated trade routed through the pair can sweep bids quickly, forcing the price to print far below the true market level until buy orders reappear. Such dislocations can also be triggered by temporary pricing issues tied to spread widening, faulty quotes from a market maker, or trading bots reacting to abnormal prints."

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Bitcoin briefly trades at $24,000 on Binance’s USD1 pair in flash move. Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours.

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How to Earn

Bitcoin briefly trades at $24,000 on Binance’s USD1 pair in flash move. Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours.

More coverage

Explore the topic

More on Binance

Binance blocks MEXC transactions after FinCEN flags MEXC as a primary money laundering concern

North Korea-linked launderers launched six meme coins on NEAR to move $430,000 in stolen Binance funds

Binance's Bitcoin mining hashrate falls 65% to 9.2 EH/s as mining pool prepares to shut down after producing just one block in a week

Binance tells users in some European countries to withdraw crypto before fees begin, with accounts closing by year-end

BNB Chain's Red Alarm flags high-risk dApps and contracts to give users more information

Binance France to close customer accounts December 31 after failing to secure MiCA authorization

Binance blocks MEXC transactions after FinCEN flags MEXC as a primary money laundering concern

North Korea-linked launderers launched six meme coins on NEAR to move $430,000 in stolen Binance funds

Binance's Bitcoin mining hashrate falls 65% to 9.2 EH/s as mining pool prepares to shut down after producing just one block in a week

Binance tells users in some European countries to withdraw crypto before fees begin, with accounts closing by year-end

BNB Chain's Red Alarm flags high-risk dApps and contracts to give users more information

Binance France to close customer accounts December 31 after failing to secure MiCA authorization

Comments

More on Binance

Binance blocks MEXC transactions after FinCEN flags MEXC as a primary money laundering concern

North Korea-linked launderers launched six meme coins on NEAR to move $430,000 in stolen Binance funds

Binance's Bitcoin mining hashrate falls 65% to 9.2 EH/s as mining pool prepares to shut down after producing just one block in a week

Binance tells users in some European countries to withdraw crypto before fees begin, with accounts closing by year-end

BNB Chain's Red Alarm flags high-risk dApps and contracts to give users more information

Binance France to close customer accounts December 31 after failing to secure MiCA authorization

Binance blocks MEXC transactions after FinCEN flags MEXC as a primary money laundering concern

North Korea-linked launderers launched six meme coins on NEAR to move $430,000 in stolen Binance funds

Binance's Bitcoin mining hashrate falls 65% to 9.2 EH/s as mining pool prepares to shut down after producing just one block in a week

Binance tells users in some European countries to withdraw crypto before fees begin, with accounts closing by year-end

BNB Chain's Red Alarm flags high-risk dApps and contracts to give users more information

Binance France to close customer accounts December 31 after failing to secure MiCA authorization

Total stats

How to Earn