Just saw a fellow get liquidated—he was only three blocks away, and gas suddenly shot up. His alarm didn’t go off; by the time he noticed, it was already too late. Honestly, a few steps away from the red line, many people think, “Just hold on a bit longer—we’ll get back to breakeven right away.” But on-chain data won’t lie. Once the lending pool’s utilization rate climbs, liquidation bots behave like sharks that smell blood.

Personally, I usually set up a Dingtalk or tg bot reminder when I’m about 20% away from the liquidation line, and I leave some buffer. For example, if the collateral ratio falls to 150%, I’ll manually add more collateral, or I’ll simply reduce my position. Don’t count on always being able to accurately escape the top—I've seen too many people get wiped out before dawn. Put simply, it’s just luck and wishful thinking.

Recently I’ve been looking at the NFT sector—royalties and liquidity are fighting again. With poor liquidity in the secondary market, creators want to protect their income, while buyers want to sweep at lower prices—both sides have a hard time. Actually, it’s a bit like liquidation logic: on-chain rules won’t make room for you just because you’re feeling optimistic. Either set your stop-loss ahead of time, or accept the result of being forcibly liquidated. That’s it for now—I’m going to tweak my gas monitoring script.