How Bitget’s Forced ADL Closure Destroyed My Hedged SAHARAUSDT Position and Caused an $8,000 Loss

1/ I want to share what happened to my SAHARAUSDT position on Bitget because I believe traders deserve transparency regarding how the exchange handles ADL (Auto-Deleveraging) events.

2/ I was running a hedged strategy:

\\- Short SAHARAUSDT perpetuals

\\- Long SAHARA spot

This was NOT an unhedged directional gamble. The setup was specifically designed to reduce market exposure and manage risk.

3/ My futures position was profitable at the time of the incident.

I was NOT liquidated.

There was NO margin issue.

Yet Bitget forcibly closed my short futures position through ADL without my consent.

4/ The biggest issue is that once Bitget force-closed the futures leg, my hedge was removed while my spot position remained open.

That instantly exposed me to market risk I never intended to take.

5/ As a direct result of this forced closure, I suffered losses of around 8,000 USDT on my spot holdings.

These losses were caused by the exchange intervention itself, not because my account blew up or got liquidated.

6/ I also received no meaningful warning before this happened.

No proper escalation.

No clear indication that my profitable hedged position was at imminent risk of forced closure.

7/ If exchanges can forcibly dismantle profitable hedge positions without adequate warning, traders deserve full transparency about:

\\- ADL queue rankings

\\- Trigger conditions

\\- Insurance fund status

\\- Risk disclosures

8/ I have formally requested from Bitget:

\\- Full ADL logs

\\- Queue ranking details

\\- Warning records

\\- Explanation for selecting my position

\\- Compensation review for the resulting losses

9/ This is bigger than one trade.

Risk systems should protect market stability without unfairly exposing users to unexpected losses through forced intervention.

10/ I hope Bitget reviews this situation seriously and provides a transparent and fair resolution.

@bitgetglobal