子棋(重生版)|Feb 11, 2026 08:13
What's going on recently? Everywhere is talking nonsense, even the adult old account of the '517 BTC Legend' from 2018 has been released.
I guess many newcomers don't understand OKX
Let's briefly review the big play from back then:
There is an account that seems to have been injected with chicken blood, with high leverage and over 50000 BTC in multiple orders in an extremely short period of time. The platform's risk control officer's phone number is almost exploding: Brother, take it easy, can you reduce your position? The market cannot withstand it!
The result was that they replied: I don't!
Then BTC plunged, the leverage exploded, and not only did I wear it first, but I also almost turned the entire platform's multiple orders into leek cakes. If we really don't care, who is injured? It's us normal, laid flat, spot players!
What did OKX do at that time?
-Freeze and enforce treatment according to the agreement to stop bleeding
-I took 2500 BTC from my own pocket and threw it into the insurance pool to cover the losses of individual investors (this money didn't fall from the sky, it's real gold and silver)
-In recent years, risk control has evolved directly: marked prices, space limits, ADL automatic reduction... Now who dares to play like this and instantly transform into museum exhibits
Why did you go so long ago? Now you're clamoring to give me back 517, the platform is black and eating black
Please, that's a claim for negative balance in the contract. It's clearly stated in the agreement, in black and white
The spot portion did not have any contracts in the past, and the platform's own payment is already sufficient. What else do you want? Pack it up and send it home?
OKX never pretends to be the Virgin Mary, but it is also not a bandit den. The platform protects most of the people on the plate, not the dream of some giant whale's Soha universe.
If you can afford it, keep shuttling. If you can't afford it, just be honest and fulfill your obligations. Contracts are a game of life, so no one should play the role of a bitter little white lotus.
The upgrade of risk control is for everyone to live longer, not for anyone. The bull market has already opened halfway, so let the grievances of 517 continue to sleep in the coffin of 2018
To be honest, I quite admire him. He is also a capable big brother who can open such a large position. Now this method is not feasible!
Brother who doesn't understand, take a look at the content in the picture and you should be able to get a rough idea. Learn some of his flashy tricks, haha Paired with the video I previously posted, it's absolutely amazing @ star_okx @ Haiteng_okx haha
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