
CoinMamba|Oct 11, 2025 10:59
Since we’re all taking about how exchanges functioned during yesterday’s nuke, let me tell you how I got liquidated on Binance.
I was running a pair trade, one long and one short position. As the prices started nuking, my margin got low and instead of partially liquidating my both positions Binance decided to completely close my short position and keep my long fully open which then obviously got liquidated. And no, it wasn’t ADL.
Was running similar positions on Lighter and Extended which perfectly survived the crash.
Not sure will continue to trade on Binance after this. Better to trade on dexes with zero fees plus I get points..(CoinMamba)
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