2025-12-25 08:22:27

Last night, someone captured an outrageous move on the chart: on the BTC/USD1 trading pair on a certain major exchange, the price suddenly plummeted to around $24,111, then rebounded within seconds to over $80,000, almost returning to normal quotes. The initial reaction was "Bitcoin really crashed," but upon closer inspection, something was off — this spike was mainly seen only on the USD1 trading pair, and other mainstream BTC trading pairs didn't experience the same sudden drop.

Basically, this is a classic liquidity trap. The trading depth of the USD1 pair is relatively thin; a large order hitting the book can instantly break through the entire order book, creating an extreme price that looks like "doomsday." To put it more vividly: throwing a big stone into a small creek, the splash looks scary, but that's all it is.

But the more I think about it, the more frustrating it gets. The ones most likely to get caught in such market conditions are not the directional traders, but those who want to "earn steady returns." The plan was to swap BTC for stablecoins and then earn a decent annualized interest. But in reality? They didn't properly account for the depth of the entry and exit channels. If you're not careful, you might step into a shallow pool, and a slippage could wipe out your expected gains, making it a loss instead of a profit.

Some community analysts suspect that a large trader tried to extract profits through USD1, but the pool capacity was too small; a single order directly broke through it. You think you're earning APY, but what you're really betting on is — the depth of the trading pair.

BTC-0.13%

USD10.04%

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SelfSovereignSteve

· 14h ago

Again, another trap of the shallow pool, this time I almost got fooled. Actually, it's just a false alarm caused by insufficient leverage liquidity. --- Those who want stable returns are really miserable; slippage directly wastes their efforts. Deep understanding really needs to be seen clearly in advance. --- USD1 has long been a warning sign; it always causes a spike in such places. Better to be cautious. --- Earning yields until you lose due to slippage is really not worth it. Lessons must be learned, everyone. --- The liquidity trap is so silent; a big order can ruin your plans. Be cautious when choosing pools. --- This time, BTC didn't crash; it's just that a certain pool has a bad temper, haha. --- APY is tempting, but the road is full of pitfalls; you need to be good at calculating.

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NightAirdropper

· 14h ago

It's the same old trick again. The USD1 pool should have been prioritized long ago. If this keeps up every day, a big problem is bound to happen sooner or later.

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SocialAnxietyStaker

· 14h ago

It's the same old trick again, thin pools to wipe out retail investors—really clever. --- I stopped touching USD1 a long time ago; it's too easy to get trapped. --- A single large order can break through the entire order book—that's the current state of DeFi. --- Watching it drop to 24,000 scared me to death, but it was just data noise—hilarious. --- People chasing yields are the most miserable; they think they’re getting steady interest, but slippage swallows it all. --- Pool depth is the real trap; no one teaches newbies how to interpret this stuff. --- I just want to earn steady returns, but I stepped into this trap—blood and tears. --- Big players break through thin pools for profit, and we small investors pay tuition—just the old routine. --- Entering a trade without understanding the depth of the trading pair is the main cause of most people's losses. --- It feels like liquidity traps are increasing these days; we all need to be more careful.

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ForkInTheRoad

· 14h ago

It's the same trick again. The small pot gets wiped out in a single trade, and they think they're arbitraging, but they're actually gambling on depth.

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