-Arbiter-

If you don’t do anything shady, you won’t fear the ghost knocking at your door. This is evidence I specially got up at dawn to capture after being deceived twice before.
Black-hearted trader Zhu Yidan started holding positions in October. Whenever there was a risk of liquidation, he would keep increasing his margin while incurring losses without a word, hiding the fact that his counterfeit account had been halved. This trading started in October, and there were several times when he was close to liquidation. Zhu Yidan managed to avoid showing liquidation by continuously increasing his margin. Please see the image below. In November, when he was close to liquidation, he added margin, exploiting the algorithm loophole of Binance, where the loss rate = loss amount / remaining margin, creating an illusion of impending liquidation while only experiencing a 50% capital drawdown. Eventually, he rode a wave of a bull market, and the counterfeit positions began to rise. Then, by exploiting the algorithm loophole, the yield = profit amount / initial margin (because the profits were obtained through several margin increases during the holding period, the final floating profit far exceeded the initial margin, so the profit curve became severely inflated). Through this loophole mechanism, with profits of less than 70% of the principal, he falsely inflated the profit curve to 150% using this single holding position. He then used this fake trading curve to deceive others, bragging about how amazing he was, ranking fourth and claiming to be the top in profits, ultimately attracting countless retail investors to follow his trades, leading to a massive liquidation after sharing the profits.