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Hyperliquid Whale Follower

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James was liquidated this morning. In the morning, he held 7727 BTC, with a liquidation price of 107617. At 9:14 AM, BTC started to crash, reaching James's liquidation price at 9:23:43. James was liquidated for 1500 BTC, and then the BTC price immediately rebounded, clearly targeting James. My copy trading strategy didn't distinguish whether James closed his position voluntarily or was liquidated, resulting in more losses. By the way, it seems that after liquidation in Hyper, users are left with a relatively large amount of margin, not all of it is confiscated. #james
James was liquidated this morning. In the morning, he held 7727 BTC, with a liquidation price of 107617. At 9:14 AM, BTC started to crash, reaching James's liquidation price at 9:23:43. James was liquidated for 1500 BTC, and then the BTC price immediately rebounded, clearly targeting James.
My copy trading strategy didn't distinguish whether James closed his position voluntarily or was liquidated, resulting in more losses.
By the way, it seems that after liquidation in Hyper, users are left with a relatively large amount of margin, not all of it is confiscated. #james
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Since the trading target changed from Insider Brother to the leader Brother James, I have discovered a significant issue. James tries to avoid continuous market impact when opening and closing positions, so he operates in multiple time segments separately. This results in following him only being able to capture a small amount of profit, or even no profit at all, especially with the BTC trading pair. Additionally, due to the erosion of transaction fees, the profits are far below expectations, which has also lowered my overall win rate.
Since the trading target changed from Insider Brother to the leader Brother James, I have discovered a significant issue. James tries to avoid continuous market impact when opening and closing positions, so he operates in multiple time segments separately. This results in following him only being able to capture a small amount of profit, or even no profit at all, especially with the BTC trading pair. Additionally, due to the erosion of transaction fees, the profits are far below expectations, which has also lowered my overall win rate.
My Futures Portfolio
0 / 400
No.2 PNL in 7 days
Copy trader have earned in last 7 days
39637.50
USDT
7D ROI
+132.73%
AUM
$189666.23
Win Rate
64.51%
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Analysis of Possible Reasons for the LINA Liquidation Bug on Binance ContractsIn my previous post, I mentioned the abnormal liquidation issue of lina that occurred on March 25 at 17:14:33. Many other people commented below saying they encountered the same issue, all at this time, within no more than 1 second. Regardless of whether you were going long or short, or how much margin you had in your account, everything was liquidated, and the account was wiped out. The process of excluding various possibilities is quite complex. After writing some, I deleted them. Now, I won't beat around the bush and will directly give my conclusion: this liquidation was caused by the continuous decline in the price of lina and the adjustment of trading pair precision by Binance.

Analysis of Possible Reasons for the LINA Liquidation Bug on Binance Contracts

In my previous post, I mentioned the abnormal liquidation issue of lina that occurred on March 25 at 17:14:33. Many other people commented below saying they encountered the same issue, all at this time, within no more than 1 second. Regardless of whether you were going long or short, or how much margin you had in your account, everything was liquidated, and the account was wiped out.
The process of excluding various possibilities is quite complex. After writing some, I deleted them. Now, I won't beat around the bush and will directly give my conclusion: this liquidation was caused by the continuous decline in the price of lina and the adjustment of trading pair precision by Binance.
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#LINA reported a huge flaw in a Binance contract, wondering if anyone else has encountered it, with abnormal liquidation, as shown in the picture below. On the afternoon of March 25, I held two positions. Position 1 was a long position in LINA, with an opening price of 0.001681, at that time holding 9,812,139 units (the maximum holding amount was 13,478,211, I had previously closed part of it). The position value was approximately 0.001681*9,812,139=16,494, which means that I would only lose 16,494u if LINA's price dropped to 0, at that time the unrealized profit and loss was about -8000u. Position 2 was a long position in AUCTION, with an opening price of 20.841172, holding 2000 units, the price at the time of the incident was about 20.08, the unrealized profit and loss was approximately -1600. At that time, my account had about 44,567 in margin, yet under such circumstances, I was liquidated, and the margin in my account was also cleared. I have been trading contracts on Binance for a long time, and recently the projects I followed were decent enough to be featured on Binance's homepage recommendations, I never expected that there would be such issues with Binance's contracts.
#LINA reported a huge flaw in a Binance contract, wondering if anyone else has encountered it, with abnormal liquidation, as shown in the picture below.
On the afternoon of March 25, I held two positions.
Position 1 was a long position in LINA, with an opening price of 0.001681, at that time holding 9,812,139 units (the maximum holding amount was 13,478,211, I had previously closed part of it).
The position value was approximately 0.001681*9,812,139=16,494, which means that I would only lose 16,494u if LINA's price dropped to 0, at that time the unrealized profit and loss was about -8000u.
Position 2 was a long position in AUCTION, with an opening price of 20.841172, holding 2000 units, the price at the time of the incident was about 20.08, the unrealized profit and loss was approximately -1600.
At that time, my account had about 44,567 in margin, yet under such circumstances, I was liquidated, and the margin in my account was also cleared.

I have been trading contracts on Binance for a long time, and recently the projects I followed were decent enough to be featured on Binance's homepage recommendations, I never expected that there would be such issues with Binance's contracts.
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