In the crypto world, liquidation risks are often attributed to factors like collateral ratios and LTV thresholds. However, the timing of liquidations is crucially influenced by oracles, such as Chainlink, which update price feeds based on specific triggers: a 0.5% price deviation or a 20-minute interval, whichever comes first. This mechanism can lead to stale prices during low volatility, while in high volatility, a 0.5% buffer exists before updates. This lag creates opportunities for MEV (Miner Extractable Value) bots. For instance, if a spot price on a centralized exchange drops 2% rapidly, the oracle may not update immediately, allowing MEV bots to exploit the price discrepancy. These bots can trigger an oracle update, causing a sudden breach in collateral ratios, leading to liquidations at unfavorable prices for traders. Thus, liquidations can occur not due to over-leverage but because of strategic oracle updates by MEV bots.