Bitcoin Didn’t Crash to $24K: Binance Wick on Illiquid Pair Explained
Bitcoin’s most liquid trading pairs never reflected the drop, underscoring how isolated the event really was. A sudden, dramatic price wick on Christmas Day showed Bitcoin (BTC) trading as low as $24,111 on a single Binance trading pair, sparking panic across social media. The event, however, was not a market-wide collapse but a fleeting liquidity...
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