On the afternoon of December 24th, the BTC trading market experienced a brief period of intense volatility. In the BTC/USD1 trading pair, the price briefly dropped to $24,111.22, forming a clear spike. The price then quickly rebounded and recovered, currently back around $87,880.10. Although this spike event was very short-lived, the price fluctuation was quite significant, attracting the attention of many traders. It is worth noting that USD1 is a stablecoin project launched by World Liberty Financial, which has recently attracted market attention. Such short-term abnormal fluctuations occur occasionally in high-liquidity trading pairs and are usually related to large trades, sudden changes in liquidity, or systemic factors.

BTC0.88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
GraphGuruvip
· 3h ago
It's another pump and dump. This time the volatility was really intense, almost got liquidated. USD1, this stablecoin, has been a bit arrogant lately, but the quick rebound shows that liquidity is still good. It's all a game; high-liquidity trading pairs are easier to manipulate like this.
View OriginalReply0
JustHodlItvip
· 3h ago
Damn, this sudden plunge directly scared me. I thought we were about to see another big drop.
View OriginalReply0
GasGasGasBrovip
· 3h ago
Here comes the pump again. Did someone get liquidated this time?
View OriginalReply0
GhostChainLoyalistvip
· 3h ago
Here comes another dip, and this drop is frightening, but the quick rebound is still somewhat promising. The liquidity of USD1 needs to be strengthened.
View OriginalReply0
FarmToRichesvip
· 3h ago
It's the same old story, sudden price injections and liquidity changes... Basically, someone is just harvesting retail investors. --- I haven't really played much with USD1 stablecoin, but the project run by World Liberty always feels a bit 🤔. --- 24,111 to 87,880? The fluctuation this time is incredible, anyone losing money must be bleeding all over. --- Still dumping during Christmas, it's really outrageous. Does anyone take a break during the holidays? --- That's why I only dare to play with major coins; the liquidity traps in small coins are just too many. --- I've heard too much about price injections; in the end, retail investors are the ones losing money. I don't want to say more.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)