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Anyone who has used any leverage trading on any exchange knows that the exchange has visibility into your positions and will run your stops. Open secret in the
by spaceman_2020 4y ago
Anyone who has used any leverage trading on any exchange knows that the exchange has visibility into your positions and will run your stops.
Open secret in the industry.
Unregulated markets promote all sorts of bad actors. And since the returns are wild anyway, everyone just accepts it.
- scrlk 4y agoOne incident that really stands out for me was BitMEX conveniently having "server issues" at one point during the March 2020 crash. Their liquidation engine was hammering the price down - then they took an outage - when they were back up BTC recovered.