A major exchange has recently started using the stop-loss hunting tactic. XMR was directly hammered down to 1144, nearly doubling. Fortunately, I hold spot holdings and won't get wiped out. But if you're trading futures, the guys shorting are probably wiped out entirely; no one can escape. Is the exchange trying to eat retail traders' stop-losses? It's really ruthless.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
ChainProspectorvip
· 2h ago
The contract guy is caught in the crossfire again; this trick is really unbeatable.
View OriginalReply0
4am_degenvip
· 14h ago
The pin insertion trick is really brilliant; the contract guys were wiped out on the spot. This is just a typical day at the exchange.
View OriginalReply0
WealthCoffeevip
· 01-13 05:02
Coming back with this again? The guys in the contract are really unlucky; one spike and they were wiped out.
View OriginalReply0
ThatsNotARugPullvip
· 01-13 05:00
This exchange is really incredible. RIP to those shorting. The needle insertion tactic is indeed ruthless.
View OriginalReply0
NullWhisperervip
· 01-13 05:00
nah this is getting predictable... exchanges pulling the same liquidation playbook every cycle. technically speaking, if you're still doing leveraged shorts on these venues, you're basically volunteering to fund their engine. interesting edge case tho—wonder if anyone's actually auditing their orderbook mechanics at this point
Reply0
SoliditySlayervip
· 01-13 04:57
This tactic of poking is now blatant and outrageous.
View OriginalReply0
LayerZeroJunkievip
· 01-13 04:47
The pin insertion trick is really clever; contract guys probably want to cry.
View OriginalReply0
BetterLuckyThanSmartvip
· 01-13 04:46
This move by the exchange is really brilliant, directly blowing up the shorts completely.
View OriginalReply0
DeFiAlchemistvip
· 01-13 04:37
ah, the exchange's liquidity transmutation ritual reveals itself once again... XMR getting liquidated like that—it's the algorithmic equilibrium breaking down, not market discovery. those short positions never stood a chance against the orderbook alchemy. honestly, this is why i only hold spot; leverage is just asking the protocol to consume your capital through its sacred mechanics.
Reply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)