Alert: 20 BTC at Binance sold for $1800


Cryptocurrency market collapsed yesterday with a huge drop in Binance BTC at 1800$ price, and all major altcoins also suffered double-digit losses.

In the middle of this, The real shocking news cames from Binance BTC Price, where the proprietary stablecoin of the exchange – Binance USD(BUSD) faced a flash crash. This crash against BTC for a fraction of time took the BTC/BUSD pair to $1,800 as trading bots, and algo traders amplified the sell-off.

This flash crash happened because of low liquidity of BTC/BUSD, and the pair stabilized quickly. But what’s shocking is that someone was able to get their hands on 20 BTC for $1,800.

On the other hand, Binance Coin(BNB) also experienced intense selling pressure as BNB/USD lost about 18% of its value in the last 24-hours and traded at $15.96. Binance has announced the launch of Binance US which went live on 24th September.

Disclaimer: Coinnounce’s views are not necessarily reflected in the articles published, and they are the sole representation of the author’s opinions. Article’s information should not be taken as investment advice. Risks are involved in cryptocurrency investments and trading. Readers are urged to carry out extensive research before making a decision.


Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, Binance is considered as the biggest cryptocurrency exchange in the world in terms of trading volume. Wikipedia

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