Market Microstructure
Forensic Breakdown: Christmas Bitcoin Flash Crash on Binance USD1
A detailed forensic analysis of the Christmas Day Bitcoin ‘flash crash’ to roughly $24k on Binance’s BTC/USD1 pair and the near-instant rebound to ~$87k. Actionable guidance for traders, risk teams, and exchanges to understand wicks, mispriced chart data, and practical protections.
Published at 2025-12-25 12:26:35