Exposing liars
#2 On Binance, there are many cases of accounts of supposed women presenting false data to generate interactions. Let's take a look.
The most serious inconsistency is in the SIREN/USDT position:
Displayed data: The entry price is 3.00 and the current price (Mark Price) is 1.04. This represents a drop of 65.33% in the asset's price.
Leverage: The operation is "Cross 20x".
Real calculation: With a leverage of 20x, a drop of 65.33% would result in a negative ROI of 1,306.6\%.
Inconsistency: The image shows an ROI of -3,757.77%. To reach that level of loss with 20x, the price would have to have dropped almost 188%.
A major misunderstanding that repeats from the previous case: they don't know what margin is.
In futures trading, if you lose 100% of your margin, the position is automatically liquidated.
An ROI of -3,757% means that the loss is 37 times greater than the invested capital (the margin).
In a real account, the liquidation engine would have closed the position much earlier than reaching even -100% (usually around -80% or -90% depending on the maintenance margin). It is impossible to keep a position open with that level of negative loss without having injected massive amounts of capital that are not reflected in the balance.
SIREN: The margin is $434.10 USDT, but the PNL (loss) is -$16,312.63. In standard futures trading, the loss cannot exceed that margin to the collateral capital in a single position without the system closing it.
Finally, The margin ratio indicates how close you are to liquidation. In the image, both positions show exactly 1.44%. It is statistically improbable for a position with a loss of 3,700% and another with a loss of 15% to share exactly the same margin risk, especially when the sizes of the positions and the margins provided are so different.
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