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That liquidation line in lending—really don’t wait until only the “three steps” are left to remember it. My habit is: first change your position from “able to withstand” to “able to exit at any time,” add a bit of margin right away or repay part of it, and move the red line lower; if you don’t want to add money, then cut your position—I'd rather make a little less than get thrown off by that forced liquidation event. Then set your stop-loss/alerts, and don’t mute your phone… Bottom line: liquidation isn’t just losing a little; it’s being passively sold in the worst possible spot.
Lately, people haven’t been complaining that on-chain data tools and label systems can also lag—or even mislead you—right? I’m not really superstitious about “following big whale wallet addresses” either. I trust data more, but only like a thermometer: it can tell you you have a fever, but it won’t tell you how to break the fever; in the end, you still have to rely on your own discipline. Anyway, the closer you get to the red line, the more I prioritize reducing—live first, then talk.