Today I was watching the market so intently I started to doubt my life: If the oracle feed is half a beat slow, it can really make people think, "I clearly wasn't that leveraged, how did I get liquidated?" Especially during those sudden price spikes, when the on-chain price jumps first, but the feed is still on its way, your position in the contract is just waiting in line to be called out... To put it simply, liquidation isn't because you made a mistake; it's the system telling you, "There's no time to explain." Recently, some people have been using large on-chain transfers and unusual activity in exchange hot and cold wallets as smart money signals. After seeing this so many times, I just want to say: Don’t treat other people's arbitrage as divine revelation; first, write your own risk threshold on your forehead. I don’t need to be understood, but I need to survive until the next mint.

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