Recently, I’ve been keeping an eye on a few more pools. Liquidations aren’t happening because you’re using that kind of leverage that’s wildly excessive—it's because the oracle’s price feed is lagging by half a beat… You see, the chart has already bounced back, but on-chain that execution price is still stuck at the old spot. So your positions get marked as “about to be liquidated,” and by the time you actually realize it, there’s only one liquidation record left. Plainly put, latency = giving the liquidators a window—especially when volatility is high and liquidity is thin, it’s most obvious.

Over the past couple of days, people outside have been talking again about tax increases / whether compliance is getting tighter or looser. Once expectations for deposits and withdrawals change, everyone becomes even more eager to front-run and shuffle funds back and forth. That makes price moves jump around even more chaotically, and the oracle is even more likely to fall behind. My approach is pretty “old-school”: I don’t stubbornly carry high leverage before or after events. I pick protocols with more oracle price sources, leave some breathing room in the position—I'd rather make a bit less profit than be taken out because I’m “one step slow.” Let’s leave it at that.