📉 Bitget will roll back trades and compensate users after abnormal trading activity in the VOXEL market.
What’s happening:
– Sudden $VOXEL price swings triggered mass liquidations
– Root cause: large leveraged trades creating a cascading effect
– #Bitget to reverse impacted trades and issue compensation within 72 hours
This highlights the risks of leverage in volatile markets. Without proper safeguards, large positions can distort prices and trigger systemic liquidations, raising questions about risk controls in high-leverage environments.