Alot of liquidations have happened in the last 24 to 48 hours though to sharp drop in the price of Bitcoin and other coins, those trading futures markets I mean the one gambling with the price of cryptocurrency we all know is based on luck but yes it happened most times and frequently trading positions get liquidated.
But the one that caught my attention the most is when an exchange users wrote a poetic statement about the bad side of trading but ye, from the screenshot he shared he shown an x25 position which to me and every other crypto traders is never going to work.
It depends on how you use x25 position. Imagine that I have $1000 in my pocket. If I open x25 position with the whole balance, I'll be liquidated if the price goes down or up by 4%, against your opened position. This is a very risky game because the price can easily change by 4% at any time and this can easily liquidate anyone. Btw there is a trick, if your balance is $1000 and you open x25 position with $40, then nothing changes for you because $40 X 25 = $1000 and if the price moves by 10%, you'll gain 10% profit as if it was done with $1000 and x1 leverage. I've impressed my friends with x25 leverage with 1/40 of my capital, so many people do that, consider this.