Total crypto market cap sits around $3 trillion.

Total liquidations in 2025 alone? Roughly $150 billion.

Let that sink in.

That is not money lost to bad tech or failed fundamentals. That is money transferred straight from traders to exchanges and market makers. Pure extraction.

Before opening another futures position, ask yourself one honest question. Are you trading an edge, or are you just feeding the machine?

Most people are not hedging. Most people are not market neutral. They are overleveraged, emotional, and late. Every wick exists to find that leverage and wipe it.

Futures reward discipline and patience, but punish impulse harder than anything else in this industry.

Spot lets you survive. Leverage tests your ego.

And the market has no mercy for ego.