I believe I experienced a manipulated trade on the OMNI/USDT pair on the MEXC exchange. On August 3, at 03:04 AM, I placed a buy order at the 5.305 level, which was successfully executed. Just minutes later, at 03:07, the price hit 5.589, and suddenly my position was liquidated at a -100% loss. What’s highly suspicious is that immediately after my position was forcefully closed, the price sharply reversed and began to drop.
This sequence of events appears intentionally timed to liquidate my specific position. It gives the impression that the price movement was manipulated to trigger forced liquidation, targeting individual users instead of reflecting actual market behavior.
I expect MEXC to fully investigate this suspicious transaction and provide a clear explanation of why my position was liquidated right before the market reversed. If there was any unfair pricing or algorithmic manipulation involved, I demand that my loss be compensated.