On Wednesday evening, the crypto market suddenly experienced a thrilling and extreme fluctuation. During those few seconds, the BTC/USD1 trading pair plummeted from $87,000 directly down to above $24,000, a drop of 70%. Immediately afterward, the price bizarrely and rapidly rebounded.



What is hidden behind this crazy volatility? First of all, it should be noted that USD1, this stablecoin, is issued by the World Liberty Financial project supported by the Trump family. A stablecoin experiencing such intense fluctuations in a short period indeed seems somewhat ironic. Many people's minds might flash back to the old stories of exchanges "cutting the internet cable" years ago, but the official explanation is that technical failures caused this market chaos.

However, if this kind of event truly happens to traders with leverage of thousands of times on certain platforms, it could be a story of overnight wealth. The problem is, this isn't the first time.

Ultimately, this incident once again exposes a reality: even currencies claiming to be stable are not necessarily truly "stable." The high volatility inherent in the cryptocurrency market is in its DNA. No matter how much consensus or regulatory licenses there is, risks always exist and can emerge from time to time. Investors must not only consider the reputation or official backing of a coin when making decisions but also maintain a clear awareness of potential risks. After all, in this market, black swan events can happen at any time.
BTC0,28%
USD10,03%
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PhantomMinervip
· 22h ago
Stablecoins are just a joke, even Trump's endorsement doesn't help --- Another technical failure, we've heard this excuse too many times --- That guy with 100x leverage probably regrets it to the core --- I just want to know who made big gains in those few seconds --- Honestly, there's nothing truly stable in crypto --- Is the nightmare of unplugging the internet cable back again? I really can't hold it together --- This stablecoin is more unstable than my mindset --- Black swans fly every day, I'm used to it --- USD1? Just hearing it feels untrustworthy --- Regulatory licenses are useless, they still crash and burn
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RektRecordervip
· 22h ago
Stablecoins are just messing with you, even Trump's endorsement is useless. --- Are those with 100x leverage really making crazy profits or just getting liquidated? --- That's crypto for you, when the officials say "technical failure," we all understand. --- Here we go again, every time claiming stability, every time there's a riot. --- Is the nightmare of unplugging the internet coming back, everyone? --- A 70% plunge that rebounds in seconds—this move is a bit dirty. --- Trust in any stablecoin is irresponsible to your own wallet. --- Dare to play with Trump's coin? What's the point, brother? --- Black swans are happening every day, you just haven't seen them. --- Are leveraged traders dreaming or having nightmares? Who can tell?
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ContractCollectorvip
· 22h ago
70% plunge? What's the point of stablecoins being stable --- Technical failure? Ha, listen to this phrase, it's always a technical failure --- The guy with 100x leverage should be bankrupt this time, so tragic --- Coins endorsed by the Trump family are all like this, how are people still trusting --- Here we go again, always claiming stability, but one after another faceplant --- That's why I only trade spot, leveraged trading is really exhausting to survive --- Black swan event? That's nothing, it's become daily routine --- What use is a compliance license, the risk still comes as it should --- Dropped from 87,000 to 24,000 in a few seconds, some are making crazy profits, others lost everything --- Hey, why is it another basic mistake, don't exchanges learn from past errors
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NFTArtisanHQvip
· 22h ago
the irony of a "stable" coin doing a 70% freefall is *chef's kiss*... this is what happens when we conflate regulatory theatre with actual market primitives, ngl
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StealthMoonvip
· 23h ago
Stablecoins are unstable, this is the romance of crypto --- Another technical failure? I don't believe you --- 70% plunge, traders using ten-thousand-times leverage have probably gone to meet their maker --- Trump coin causing such a mess, no wonder people still trust BTC --- Every time this happens, it's said to be a technical failure. Are exchanges really that ridiculous? --- Stablecoins are full of crap; even with backing, they still爆雷 --- I just want to know who lost everything in these few seconds --- That's why I never use ten-thousand-times leverage; my heart can't take it --- Black swan? How many of these have there been now, haha --- So the underlying logic hasn't changed; the market is always cutting people up
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GasWastervip
· 23h ago
Stablecoins dropping 70%—can they still be called stable? Even the Trump family’s endorsement can’t be trusted anymore. Another technical glitch; we're tired of hearing that excuse. Friends using 10,000x leverage probably got liquidated again this time. In the crypto world, there are no stable assets, only lucky gamblers. Why do these incidents keep happening? Exchanges should reflect on this. Leverage trading is playing with fire; sooner or later, you'll get burned. Regulatory licenses can't save stablecoins either—laughable.
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DegenWhisperervip
· 23h ago
Stablecoins are unstable, and even Trump's endorsement can't save them. This is crypto. --- Brothers with 100x leverage liquidation probably can't sleep at night. --- Another technical failure? I don't believe you. --- A 70% plunge, pulled back in seconds? This move is a bit something. --- Why do some people always think that having an endorsement makes it safe? --- Black swan events, even if they happen every day, don't surprise me anymore. This is the crypto world. --- Really, just by looking at the name, you should know it won't be stable. Why deceive yourself? --- Those with 10,000x leverage, are they making money or losing? Sitting here pondering. --- The drama of unplugging the network cable is still ongoing. --- When the official says it's a technical failure, I just laugh. They say that every time.
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