2025-12-26 10:20:29

#数字资产市场动态 The crypto world staged a bizarre drama during Christmas week. On Wednesday evening, Bitcoin suddenly plummeted in a specific stablecoin trading pair—from $87,600 straight down to $24,100, then rebounded within seconds to above $87,000. The entire process saw a fluctuation of nearly 70%. Industry experts pointed out that this flash crash was mainly caused by liquidity exhaustion in that trading pair, not a trend-driven decline.

Ironically, during the same period, traditional financial markets were thriving. The US stock Christmas rally was hot, with the S&P 500 hitting a record high, and gold was even more aggressive—year-to-date gains exceeding 70%, nearly approaching historical highs. In contrast, $BTC and $ETH not only missed out on this holiday bonus, but spot ETFs continued to bleed. Bitcoin's annual decline has exceeded 7%, and the "safe-haven" attribute of digital assets has completely failed at year-end.

High-volatility assets chose to "lie flat" at the end of the year, making Christmas night uncertain for crypto investors. The market is telling a story: while traditional assets shine, the crypto world is struggling with liquidity and confidence.

BTC0,25%

ETH0,1%

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MEVHunterWang

· 12-26 13:38

70% volatility instant rebound, is this our "hedging asset"? That's hilarious, might as well just buy gold.

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PonziWhisperer

· 12-26 10:50

70% volatility? That's called a liquidity problem? That's hilarious. Why doesn't anyone ask what happened on the trading pair side?

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TokenTherapist

· 12-26 10:47

Liquidity exhaustion dares to cause a flash crash? Laughable, this trading pair is so water-like. --- 70% volatility... where's my stop-loss? --- Gold rises 70%, Bitcoin drops 7%, this comparison is truly incredible. --- It's another liquidity issue. When will the crypto circle learn some lessons? --- Traditional finance is celebrating, while we watch flash crashes. Is this what they call "safe-haven assets"? --- Second-level rebound, second-level liquidation. Merry Christmas everyone. --- Friends who got liquidated in contracts are probably already writing their wills. --- Why does this stablecoin trading pair always have issues? Shouldn't it be checked?

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BrokenRugs

· 12-26 10:46

70% volatility? Bro, are you riding a roller coaster or trading... --- It's the liquidity issue again, always the same excuse every day. When will the crypto world grow up? --- Gold rose 70%, and we're here experiencing a flash crash. Truly ironic. --- Spot ETF losing value, BTC down 7% annually... Is this really a safe-haven asset? Laughs. --- Second-level rebound? I bet five bucks someone got liquidated. --- Why do stablecoin trading pairs always have issues? The liquidity must be so terrible. --- Crypto market relaxing on Christmas, traditional finance partying hard, the contrast is indeed huge. --- From 24,100 to 87,000? A liquidation feast, there's always someone losing big. --- "Safe-haven attributes failed," what were we thinking back then? Haha. --- Wait, with this 70% volatility, hasn't anyone asked why only this trading pair?

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PebbleHander