Today A lot of new contract players Experienced their first-ever Stop-loss liquidation Even though stop-loss was set for long positions, At 5:20 this minute, Massive volatility + liquidity exhaustion The stop-loss was indeed triggered, But the actual execution price slipped by 10%, 20%, or even 80%. The worse the liquidity of the coin, the more severe the slippage. This led to varying degrees of extreme stop-loss, liquidation, and even negative equity. Negative equity - principal wiped out, balance in the negative, Even owing money to the exchange.