2025-12-12 08:17:14

There have indeed been many discussions lately about various coins being liquidated. Take UV for example, the wave on October 11th actually wiped out a lot of funds. Interestingly, after that, this account basically stopped updating on Twitter, and even the UV tag it was hanging on was removed.

That said, I can't quite understand—how do these passive holders get liquidated? In principle, only those who actively initiate contract operations and act as market makers are more likely to be wiped out by short-term sharp fluctuations. Passive holders, even if they incur losses, shouldn't logically get liquidated directly.

Is there some mechanism I haven't fully understood? Open for discussion.

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RugPullProphet

· 19h ago

Bro, this wave of UV is really amazing. When someone disappears, you know something big is going on. --- Liquidation from passive holding? It must be leverage that was borrowed, otherwise why would it explode? --- I told you, removing the tags from this account is too suspicious. It must be some insider shifting the blame. --- Wait, did they do something tricky in the lending protocol, like forced liquidation? --- Hey, your angle is interesting. I've also been wanting to figure out what's going on. --- No Twitter updates + removing tags, classic prelude to "I'm out." --- Isn't this just the playbook of synthetic assets? The risk is hidden so deeply.

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BlockchainGriller

· 19h ago

I think there's a detail here: for passive holders, it all depends on what tools they're using. Some wallets or platforms have liquidation mechanisms that can easily surpass yours. That wave of UV was truly outrageous. The operation of removing tags feels a bit like hiding something. By the way, is it possible that the leveraged borrowing positions are technically still holdings but actually multiplied? Just thinking about it makes me nervous. But I'm more curious about where this account has gone now. Is there a new account?

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TokenVelocityTrauma

· 19h ago

This account directly running away is really ruthless; all the tags have been removed, truly a social death move. Passive holding liquidation? That statement itself is problematic, unless they borrowed leverage on the exchange or are playing with derivatives. Maybe they are just pretending to hold long-term, but actually engaging in contracts? Who can really tell the tricks of this circle? Removing tags gives the impression that they want to hard whitewash, which makes it even more suspicious. I think passive holding doesn't really get liquidated; it's those who claim they don't use leverage but secretly do that get liquidated.

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GateUser-a606bf0c

· 19h ago

Passive position liquidation? That logic does seem a bit strange. I've seen quite a few cases of withdrawing tags and running away. That wave of UV probably involved leverage, otherwise it wouldn't have exploded. These kinds of events always spark discussions, indicating that some people truly don't understand the mechanism. I think it might be an issue with borrowing positions? If you can't understand it, that's a good sign—this circle's gameplay is particularly complex. Good question, position liquidation indeed appears abnormal.

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ChainDoctor

· 19h ago

Can you get liquidated even with a passive position? Brother, you should ask how many times leverage was borrowed. --- Then the account just vanished into thin air, maybe it was just a shell account to begin with. --- That wave of UV, I saw the fire pit turn black, anyway I sleep soundly since I don’t touch futures. --- Wait, liquidation of a position? Maybe there’s a lending contract behind it. --- I just can’t understand this logic either; at most, the position shrinks, where does the liquidation come from? --- I’ve seen many tricks of withdrawing tags and running away, just create another account to continue scamming. --- Passive? I think it’s more like passive turning into active, maybe someone pressed the wrong key at some point. --- Have you considered the possibility of a lending protocol liquidation? --- By the way, who dares to trust pure positions? Risk loans are buried so deep.

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GweiWatcher

· 20h ago

Passive position liquidation? Brothers, there must be lending leverage involved here. Who told you that being passive means no risk? By the way, that UV account removing tags—feels a bit like "the silver isn't here" (a Chinese idiom implying obvious guilt). In DEXs, if you're collateralizing and borrowing coins, you need to be very careful. A flash loan can liquidate you in an instant. Purely passive holdings don't really exist; as long as you're in the protocol, you're participating in a game of chance. This time, indeed, I tricked a group of new users who didn't understand the mechanics. It's scary.

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