Binance's Illiquid BTC/USD1 Pair Prints $24,111 Wick on Christmas Day Without Market-Wide Bitcoin Crash

On Christmas Day, Bitcoin briefly showed a drop to $24,111 on Binance's thinly traded BTC/USD1 pair while major pairs kept trading far higher. The move lasted only a few seconds before arbitrage bots restored the price, highlighting liquidity risks on obscure trading venues rather than a broad market collapse.