In the morning, $KOGE was squeezed by a big brother for 320,000 RMB, and everyone should have heard about it.
Detailed analysis has begun!
This big brother is using the OKX aggregator, not the Binance alpha! Moreover, he opened with a 50% slippage and did not use MEV defense! This allowed the squeeze to take advantage, resulting in huge losses.
Everyone must take this as a warning and not trust some KOL's extremely low slippage methods. Saving a little bit on fees could result in losing your principal.
You must protect your principal well to prevent potential risks. I hope everyone can exit safely on every alpha!
Detailed analysis has begun!
This big brother is using the OKX aggregator, not the Binance alpha! Moreover, he opened with a 50% slippage and did not use MEV defense! This allowed the squeeze to take advantage, resulting in huge losses.
Everyone must take this as a warning and not trust some KOL's extremely low slippage methods. Saving a little bit on fees could result in losing your principal.
You must protect your principal well to prevent potential risks. I hope everyone can exit safely on every alpha!