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⏰ Jul 31, 12:30 PM UTC
👉 https://t.co/fPsCBWxQGX
Hi Laanie,
Thank you for reaching out to us. We highly value your feedback and are willing to provide explanations and engage in communication regarding this matter.
MEXC has always adhered to the principles of fairness and transparency.
We have carefully reviewed the specific 50X SOL position you reported, and the liquidation price was: 172.13. The price fell to 172.06, triggering forced liquidation. After the system took over, the ‘bankruptcy price’ was 171.43, which ultimately caused the price shown in the system to be 171.8613.
The MEXC platform uses ‘fair price’ to determine whether a position triggers the liquidation mechanism. The ‘fair price’ fluctuated to the liquidation price of your position, and the position margin rate was 100%. Therefore, the position triggered the liquidation mechanism, and your position was liquidated.
Here you may read more information about the Fair Price mechanism itself: https://t.co/oQDtJN7upp
Thank you for your understanding and cooperation.
No matter how you feel about Trump, you simply can't deny that he moves with utmost intention (imo).
Tariffs Imposition: Signalled that he meant business, prompting countries to come to the table and knowing China would retaliate (think offloading treasuries & stocks)
Tariff Pause: Once negotiation offers rolled in, he signalled to buy the dip BEFORE easing tensions. "Friendlier" countries got to reinvest in the US at more favourable prices and a substantial amount of power (arguably) is shifted back to the US and these 'friendlier' countries.
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Trump: Asserted dominance; gained leverage at trade negotiations; and (arguably) rebalanced global power westward.
'Friendlier' countries: Opened up (voluntarily or otherwise) after witnessing both the cost of defiance and the reward of alignment.
China: Placed in a worse position and got angrier ☹️
Such a clean play attributed to one of the oldest tricks in the playbook of negotiations and power. Love or hate him, study the man to make the most out of the markets in the coming years 🫨
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Finally pulled the trigger and experienced the @valhalla armoury moments before it closed, kudos to my buddy @BjornSpirit
The "V" in #Valhalla makes up half a "W".. right..? 🫡