Bitcoin Briefly Trades at $24,111 on Binance's USD1 Pair in Flash Move
On December 25, 2025, Bitcoin briefly traded around $24,111 on Binance's BTC/USD1 pair before rapidly rebounding above $87,000 within seconds. This unusual price movement was isolated solely to the USD1 stablecoin pair and did not affect other major Bitcoin trading pairs.
USD1 is a stablecoin launched by World Liberty Financial and is backed by the Trump family. The incident occurred during a period of thin liquidity and fewer active traders, conditions that can amplify such rapid price moves. The extent of the impact depends on market liquidity at the time.
A single large market sell order, liquidation, or an automated trade executed on the USD1 pair can cause bids to be swept rapidly and push the price far from its true level until buy orders return. Potential triggers for such dislocations include temporary pricing issues, faulty market-maker quotes, spread widening, or trading bots reacting to abnormal prints.
Traders regard these types of events as microstructure phenomena, which highlight the risks of using thin trading pairs for execution, especially with stablecoins or trading routes still developing liquidity. The move on the USD1 pair was not indicative of Bitcoin's broader market direction, and the price normalized back to near prevailing levels shortly after the event.
