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Bitcoin Didn’t Crash to $24K: Binance Wick on Illiquid Pair Explained
Dec 26, 2025
< 1 min read
by Wayne Jones
for CryptoPotato
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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 vacuum on an obscure trading venue that was quickly corrected by automated bots.
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