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.
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GraphGuru
· 5h 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.
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JustHodlIt
· 5h ago
Damn, this sudden plunge directly scared me. I thought we were about to see another big drop.
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GasGasGasBro
· 5h ago
Here comes the pump again. Did someone get liquidated this time?
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GhostChainLoyalist
· 5h 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.
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FarmToRiches
· 5h ago
It's the same old story, sudden price injections and liquidity changes... Basically, someone is just harvesting retail investors.
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I haven't really played much with USD1 stablecoin, but the project run by World Liberty always feels a bit 🤔.
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24,111 to 87,880? The fluctuation this time is incredible, anyone losing money must be bleeding all over.
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Still dumping during Christmas, it's really outrageous. Does anyone take a break during the holidays?
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That's why I only dare to play with major coins; the liquidity traps in small coins are just too many.
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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.
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.