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.
25x is a very large leverage, it will turn the entire trading experience into a gamble. A small movement in the market can liquidate him. Just as in gambling, one can lose all his funds in a short time, all trading funds can be lost in a small movement. I think that the person who is trading using 25x is not aware of the guidelines of trading. And he is never a responsible trader. He is enjoying the fun of gambling through trading and he has left his trading fund to his luck. And he is planning that he will be able to increase his fund several times in a very short time. This greed is encouraging him to trade at such high leverage.