2025-12-25 19:30:21

This case actually reflects an interesting phenomenon—exchanges themselves do not directly participate in trading. The liquidity of new trading pairs is relatively low, and a large market order can easily push the price up, but arbitrageurs quickly intervene to correct this imbalance. In the end, no liquidation is triggered because this trading pair is not part of any index at all. The seemingly intense price fluctuations are actually a process of market self-regulation.

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ColdWalletGuardian

· 12-28 13:02

Basically, pools with poor liquidity are more susceptible to being drained, but arbitrageurs see through this trick faster than you, and in the end, it's still the market correcting itself.

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ProposalManiac

· 12-27 10:17

That's why I've always said that mechanism design is more important than regulation; the market's self-correcting logic is more efficient than any manual intervention. However, the prerequisite is that liquidity providers have incentives, and not all trading pairs are so lucky.

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LayerHopper

· 12-26 11:34

Damn, that's why new tokens always get dumped... When liquidity drops, big players can easily push the price up several times with just a little buy-in.

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MetaDreamer

· 12-25 20:00

It seems that this is the market's self-healing mechanism; arbitrators are the real lubricants. New tokens with poor liquidity are naturally easy to be pumped up, but as soon as there's profit to be made, someone will come in to dump and balance. The market is really interesting; what looks like volatility is actually self-regulation.

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WalletsWatcher

· 12-25 19:59

Arbitrageurs are really amazing. They reacted so quickly to bring the price back... This is the magic of market self-healing, right?

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OnchainGossiper

· 12-25 19:56

Low liquidity works like this: a large order enters and the price soars immediately, then arbitrageurs swarm in to pull it back. It's actually just a normal market self-healing process.

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LuckyHashValue

· 12-25 19:53

Haha, this is the market saving itself. Arbitrageurs are truly walking fire extinguishers.

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FortuneTeller42

· 12-25 19:45

Haha, this is the market's self-healing ability. Arbitrageurs are truly everywhere.

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FOMOSapien

· 12-25 19:33

Haha, to put it simply, the market repairs itself, so there's nothing to make a fuss about. --- Low liquidity makes it easy to be smashed, but arbitrageurs catch the opportunity and rush in. This cycle is very real. --- Not being in the index actually makes things simpler, as liquidation risk is directly reduced to zero. --- So, large fluctuations ≠ real crisis; it depends on the underlying mechanism. --- Exchanges earn fees by sitting and collecting, but those with keen senses are the ones actually doing the work. --- That's why I never fear price fluctuations; what I fear is genuine systemic risk. --- New trading pairs are like this—easy to manipulate, but also easy to self-correct. --- Seemingly chaotic, but actually very orderly. The market is smarter than we think.

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