Bitget: Users will be compensated for liquidity imbalance
2026-08-11 12:55:08
According to CoinMeta, Wu said that on August 9th, TUTUSDT, LOBSTERUSDT, and the early issuance of USDT by B experienced a temporary deviation in their marked prices due to liquidity imbalances, which triggered some forced liquidations for short positions. The platform will compensate eligible users at the fair price from about 10 minutes before the abnormal fluctuation, using USDT. The community speculates that Bitget may have frozen the relevant manipulating accounts and used the illegal profits for compensation, but the source of the compensation funds has not yet been confirmed. Zachxbt suggests that if this is true, similar measures should be taken against LAB and more centralized exchanges.
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