Someone asked in the comments, "Isn't on-chain data real-time"… Actually, what you see might also be "delayed on-chain." The transactions/positions you see are mostly fetched by the wallet frontend through a certain RPC node, then organized by an indexer. If any link in this chain stalls—node lag, RPC rate limiting, reindexing, or even temporary forks and rollbacks—you might think you haven't executed a trade or someone hasn't sold. A slight tremor in your hand could lead to leveraged liquidation, making it easy to get wrecked. The kind of economic collapse points in blockchain games are quite similar—on the surface, on-chain still looks lively, but in reality, it's inflation plus studio dumping. Data lag by a bit turns it into the "final act." Anyway, the only thing I trust now is: small leverage + clear stop-loss, switch RPCs or check two more sources when you see anomalies, don’t fight against latency.