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I just saw someone say that on Revolut, the Bitcoin price display suddenly jumped to 2 cents, hilarious—how absurd is that? Then it returned to normal prices, it seems to be a platform technical glitch. At the time, the global Bitcoin price was around $81k, and only Revolut had the issue; other exchanges were fine.
Revolut's official explanation later said it was caused by a third-party provider service outage, and it has now been fixed. But the key issue is, someone claimed to have actually executed a trade at that abnormal price. Although unconfirmed, it’s a bit awkward. If someone really bought at that ridiculous price, is it the platform’s responsibility or a market liquidity problem?
This kind of thing has happened before; a major exchange’s USD trading pair also briefly showed extreme prices. Revolut’s liquidity is limited to begin with, the order book isn’t deep enough, and when large orders appear, Bitcoin price swings can be especially exaggerated. This time, it’s probably a combination of display malfunction and insufficient liquidity. How do you think trades like this should be handled?