Is here the troll party? Are you enjoying this moment after 3 months of suffering yes?  

As you already know, Arakne got hit by the first manipulation in 23 months of data that escaped all her barriers and hit her with the max allowed loss of 32%. Pretty savage since it took last 2 months of profit.

Is no coincidence that the loss happened on the day that saw bitcoin's new record: 'Almost $9 Billion of Bitcoin Moved On-Chain in 1 Hour: Record .

The manipulation that hit us might seem like a normal Bart sequence ( this kind of shit only on Crypto btw),



but actually is more complex since Arakne already has protections against Barts because are very very common in BTC.  A group of organized whales( to complete the manipulation took more than 1 BLN usd, bitmex alone),  intentionally triggered several short breakouts algos in the 7.2k area ( and im not talking only about Arakne, a lot of bots got tricked this time and exploited their liquidity) , trapping them in that range and triggering a waterfall effect of stops until the 7.8k to be sure to liquidate most people even at low leverage. This is how markets works. Whales know very well how ALL algorithms work, they manipulate to exploit liquidity and then move the price just enough to trigger waterfall of stops. All pumps and dumps work this way ( do you think whales buy the whole pump ?   they buy a small % of it, then algo stops trigger and complete the move)

Nevertheless there are no excuses, Arakne felt for this perfect manipulation, and once the stop got hit, the manipulation completed with the dump that stopped right at where her exits were.

Even though last 2 months of profits got wiped out, she still has almost 600% ROI at this time. Fixing this manipulation will not be easy, since it was a state of art, my compliments to the owners, you got us there  

Our backtest engine is trying to find the fix with machine learning, is now at 3 days of computation, will let you know