Futures trading in crypto? Think twice before you go all-in.

Here's a sobering reminder: one trader shorted AXS with a 40x leverage position totaling $400,000. Seemed like a solid bet at the time. Then the liquidation cascade hit—$37,000 wiped out in minutes.

This isn't just another story. It's what happens when leverage amplifies every wrong move. The crypto derivatives market can punish overconfidence brutally. One miscalculation, one sudden wick, and years of capital vanish.

If you're new to futures, the house always has an edge. If you must trade leveraged products, start micro. Never risk what you can't afford to lose.