Global Feed Post Login
Replying to Avatar Rodrigo

Can you explain how the rektbot works? Take this one for example, how does it know the realized loss? If I'm understanding it correctly, that degen shorted BTC and then closed the position at $99,349 realizing that massive loss? How does the rektbot know the entry point of that short position initially?

Avatar
utxo the webmaster 🧑‍💻 11mo ago

He didn't close he got liquidated

Bet 1 BTC, buy 100 BTC on leverage, price goes down 1% and lose everything

Rektbot reports that 1 BTC was lost

Reply to this note

Please Login to reply.

Discussion

No replies yet.