The day before yesterday, I operated a leveraged position on a certain exchange. The software showed an estimated liquidation price of 3106. Out of caution, I set a stop-loss order at 3118. As a result, the market surged all the way up, and when it hit 3120, I was directly liquidated.



The most outrageous part is that I contacted customer service to ask about the situation, and they responded by saying that the estimated liquidation price has little reference value. So I have to ask—if this number has little reference value, why is it still displayed to users in the software? Isn't that just misleading people?

The difference between the liquidation price and the stop-loss point is 14 points (from 3106 to 3120). Whether this gap is considered large or small, the real issue lies in the accuracy of the estimated data. If the system's liquidation estimates are unreliable, how can users manage their risks? Setting a stop-loss then becomes just psychological comfort.
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ForkInTheRoadvip
· 14h ago
This is outrageous. Showing an estimated liquidation price just to deceive people, huh? Lost 14 points directly.
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LiquidityOraclevip
· 01-06 13:57
This is outrageous. The customer service's words are essentially admitting that there is a problem with the data. Then why display it? A 14-point gap, in plain terms, is just setting a trap for you to get liquidated. Even the estimated forced liquidation is inaccurate. What are we talking about risk management for? It's just a joke. I've seen many exchanges use this kind of trick. Anyway, when something goes wrong, they just shift the blame to the users. But to be fair, leverage is inherently risky. You still need to be more cautious. This exchange's risk control system probably isn't even written with code, just slapped together.
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StealthMoonvip
· 01-04 23:48
Here we go again, exchanges are all the same. The system data is so inflated that it’s flying, and then they just blame the users for not doing risk control—ridiculous. --- A 14-point deviation? That’s just playing word games. The customer service’s comment "not very reference value" is really top-notch. --- Even the estimated liquidation prices are inaccurate, what’s the point of showing them? Purely misleading small retail investors. --- That’s why I stopped using leverage long ago; there are too many unreliable data points. --- So, stop-loss is just psychological comfort; in reality, it still depends on the exchange’s mood? --- A 14-point spread on liquidation prices would be uncomfortable for anyone, and the customer service’s words are even more killer. --- The system provides data and then immediately says it’s unreliable—this logic is truly baffling. --- Leverage is just a casino; if the data isn’t transparent, don’t blame people for losing.
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OnChain_Detectivevip
· 01-04 23:48
ngl this reeks of classic exchange shenanigans... let me pull the data here - 14 point gap between stated liquidation and actual? that's not margin of error, that's intentional obfuscation. flagged activity detected fr fr
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CryptoComedianvip
· 01-04 23:48
Laughing and then crying, is the estimated liquidation price really of little reference value? Then just delete it to save us from overthinking. --- A 14-point deviation, the exchange's operation is so meticulous, it’s a textbook example of precise leek harvesting. --- The customer service reply was brilliant, basically saying "This is just a display, don’t take it seriously," might as well do a live stream to cut. --- Data speaks, but the exchange’s data seems to only deceive, bittersweet. --- Stop-loss = psychological comfort, how brave do you have to be to keep playing? The first chapter of the leek self-rescue guide: Don’t trust the numbers given by the system. --- From 3106 to 3120, a 14-point difference can still be instantly liquidated, which is similar to saying "This knife isn’t dull." --- The most impressive part is the customer service’s excuse for passing the buck, truly a professional move.
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RamenDeFiSurvivorvip
· 01-04 23:32
What is this exchange playing at? The estimated prices can be off by 14 points. It's better not to display them at all.
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WealthCoffeevip
· 01-04 23:31
Uh, this operation... Customer service's words are really unbelievable, first deceive you and then shift the blame, classic routine. --- A 14-point deviation indicates a harsh reality: the exchange's margin liquidation estimates are just for show. --- If the estimated liquidation price can't be trusted, then just don't display it, to avoid misleading users. Truly ridiculous. --- That's why I stopped using leverage long ago. The system data is played with like this, and risk management becomes a joke. --- Being caught between the estimated and actual liquidation prices—who can stand that? Customer service still has the nerve to shift blame. --- Following this logic, the exchange might as well delete all estimated data since "it's not very useful," right? --- The price was liquidated after only 14 points from 3106 to 3120. The accuracy of this data is really unreliable. --- Switch to another exchange, brother. There's no point in sticking with such a scam platform.
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