According to @QCompounding, the post spotlights Charlie Munger’s warning that smart men go broke three ways—liquor, ladies, and leverage—framing leverage as a clear danger for traders and investors (source: @QCompounding on X, Dec 1, 2025). The author signals an educational thread to teach key points about leverage, effectively cautioning traders to treat leverage use conservatively to protect capital (source: @QCompounding on X, Dec 1, 2025).

According to @KobeissiLetter, crypto liquidations surged to $900 million in the last 24 hours as Bitcoin (BTC) fell toward $84,000 (source: The Kobeissi Letter, Dec 1, 2025). According to @KobeissiLetter, Bitcoin erased roughly $120 billion in market capitalization over the same period with no specific market-moving headlines identified (source: The Kobeissi Letter, Dec 1, 2025). According to @KobeissiLetter, the author cautioned that leverage is a dangerous game amid the rapid drawdown (source: The Kobeissi Letter, Dec 1, 2025).

According to @KobeissiLetter, US margin debt jumped $57.2 billion in October to a record $1.2 trillion, marking the sixth consecutive monthly increase (source: The Kobeissi Letter citing FINRA October 2025 margin statistics). Year-to-date, margin balances are up $285 billion (+32%), and over the last six months they have surged +39%, which the author characterizes as the biggest recent jump (source: The Kobeissi Letter; FINRA margin statistics). Elevated broker-dealer margin balances indicate higher equity market leverage, increasing the probability and speed of forced deleveraging when prices fall (source: BIS Quarterly Review on procyclical margins and leverage). For crypto traders, heightened equity leverage can amplify cross-asset volatility and spillovers, with risk-off episodes transmitting through margin calls and liquidity withdrawals that can impact BTC and ETH alongside equities (source: BIS Quarterly Review on margin procyclicality and cross-asset contagion). Trading takeaway: monitor US equity volatility and funding conditions; a sharp reversal in stocks would raise liquidation risk across leveraged books and could pressure BTC and ETH beta to equities (source: BIS; The Kobeissi Letter data).

According to @OnchainLens, trader Machi (@machibigbrother) holds unrealized profit over $600,000 on ETH 25x and HYPE 10x long positions, with position details linked via CoinMarketMan hypertracker https://app.coinmarketman.com/hypertracker/wallet/0x020ca66c30bec2c4fe3861a94e4db4a498a35872, source: @OnchainLens on X, Nov 26, 2025; CoinMarketMan Hypertracker. @OnchainLens also reports Machi has opened a BTC long with 40x leverage, indicating additional high-leverage exposure to BTC price moves, source: @OnchainLens on X, Nov 26, 2025; CoinMarketMan Hypertracker https://app.coinmarketman.com/hypertracker/wallet/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. @OnchainLens states the breakeven requirement is $19.6 million for these positions, which reflects the capital needed to offset current costs before realizing net profit, source: @OnchainLens on X, Nov 26, 2025. High leverage amplifies gains and losses, and a 40x position can experience large PnL swings from small price changes depending on margin settings, source: Binance Academy leverage explainer https://academy.binance.com/en/articles/what-is-leverage-in-crypto.

According to @Crypt0Kirito, crypto is in a bear market and attempts at so-called manipulation are simply traders getting wrecked, highlighting a downtrend environment where fighting momentum is costly for countertrend positions (source: @Crypt0Kirito on X, Nov 12, 2025). The post signals that traders should treat current price action as bearish and exercise caution with leverage and countertrend setups to avoid forced losses typical of bear market whipsaws (source: @Crypt0Kirito on X, Nov 12, 2025).

According to @Ashcryptoreal, $208,330,000 in long positions were liquidated in the past 4 hours, marking a large short-term liquidation event in the crypto derivatives market; source: Ash Crypto on X, Oct 30, 2025. This equates to roughly $52 million in long liquidations per hour during the window, highlighting concentrated long-side stress; source: Ash Crypto on X, Oct 30, 2025. The post underscores persistent leverage risk for long-biased traders and signals caution in positioning and risk controls; source: Ash Crypto on X, Oct 30, 2025.

According to @CryptoMichNL, BTC has retested lower levels, found buying pressure, and produced a weak bounce, indicating near-term demand formation (source: @CryptoMichNL on X, Oct 29, 2025). He expects volatility to increase significantly as the FOMC event begins today and cautions inexperienced traders against using leverage during the session (source: @CryptoMichNL on X, Oct 29, 2025). He notes gold is stalling and views Bitcoin as a lagging indicator in that context, saying BTC remains undervalued versus other assets (source: @CryptoMichNL on X, Oct 29, 2025). He characterizes buying around $112K as essentially a steal, highlighting it as an attractive area for buyers (source: @CryptoMichNL on X, Oct 29, 2025).

According to @DowdEdward, market consensus admits an AI-driven equity bubble but believes it is still early, indicating continued participation despite frothy conditions (source: Edward Dowd on X, Oct 20, 2025). He adds that some participants expect to pass risk to marginal late buyers, highlighting a classic greater-fool dynamic in late-cycle behavior (source: Edward Dowd on X, Oct 20, 2025). Dowd warns markets may be nearing a “record margin debt” phase, signaling elevated leverage risk and vulnerability to abrupt de-risking (source: Edward Dowd on X, Oct 20, 2025). Based on Dowd’s caution, traders can tighten risk limits in AI-led equities and leveraged beta, and crypto participants can treat equity-leverage spikes as a potential volatility catalyst across risk assets while monitoring official margin-debt prints for confirmation before adjusting exposure (source: Edward Dowd on X, Oct 20, 2025).

According to @caprioleio, incentives are pushing digital asset treasury companies to increase debt usage to stand out, creating a growing bubble risk, source: @caprioleio on X, Oct 19, 2025; CNBC interview, Oct 17, 2025. He draws direct parallels to the highly leveraged 1920s investment trusts that preceded the 1929 crash, underscoring potential systemic fragility in similar debt-fueled structures today, source: @caprioleio on X, Oct 19, 2025; CNBC interview, Oct 17, 2025. For traders, this warning highlights elevated leverage and counterparty risk across yield-seeking corporate treasury strategies in digital assets, aligning risk management with reduced tolerance for debt-driven growth models, source: @caprioleio via CNBC interview, Oct 17, 2025. He characterizes the setup as a Treasury Company Bubble, signaling caution for market participants exposed to debt-backed returns in the crypto ecosystem, source: @caprioleio on X, Oct 19, 2025; CNBC interview, Oct 17, 2025.

According to the source, $416 million in long positions were liquidated in the past 24 hours. The source did not specify the instruments, exchanges, or asset breakdown behind the liquidations; traders can treat this as a broad crypto derivatives signal and consider tightening leverage and stop-losses to manage potential volatility.

According to Watcher.Guru, 16.8 billion dollars of crypto long positions were liquidated in the past 24 hours (source: Watcher.Guru on X, 2025-10-11). Based on this reported figure (source: Watcher.Guru on X, 2025-10-11), traders may reassess leverage, tighten risk limits, and monitor funding rates and open interest for signs of continued derivatives market stress.

According to @MilkRoadDaily, total crypto market liquidations reached $1.7 billion over the last 24 hours, with more than 400,000 traders affected, source: @MilkRoadDaily. The scale and speed point to a broad deleveraging wave concentrated within a single day, highlighting acute stress across leveraged derivatives positions, source: @MilkRoadDaily.

According to @0xRyze, he was liquidated on an ETH long last week and is closely watching the upcoming Monad mainnet, highlighting personal leverage risk and event focus from a market participant’s perspective; source: @0xRyze on X. The post underscores stress among leveraged ETH traders and attention to a potential Monad mainnet timeline as a point of concern for positioning; source: @0xRyze on X.

According to @KobeissiLetter, US margin debt rose by $37 billion in August to a record $1.06 trillion, up $139 billion over the last three months and $798 billion year over year (+33%), with inflation-adjusted gains of +3% MoM and +29% YoY (source: @KobeissiLetter, Sep 20, 2025). As a share of GDP, margin debt reached 3.5%, the highest since 2021, highlighting unusually elevated equity leverage exposure near prior cycle peaks (source: @KobeissiLetter, Sep 20, 2025). Elevated margin borrowing increases the risk of forced deleveraging and volatility during equity drawdowns, amplifying market stress when prices fall (source: Federal Reserve Financial Stability Report, May 2023). Because stock–crypto correlations have risen since 2020, higher equity leverage can transmit risk-off moves to BTC and ETH during drawdowns (source: IMF, Crypto Prices Move More in Sync With Stocks, Jan 2022).

According to @CryptoMichNL, the upcoming week is expected to be extremely volatile due to the Fed meeting and multiple macroeconomic data releases (source: @CryptoMichNL on X, Sep 14, 2025). According to @CryptoMichNL, traders who are not scalp trading should avoid leverage on BTC and ETH during this event-driven period (source: @CryptoMichNL on X, Sep 14, 2025). According to @CryptoMichNL, after the Fed decision the market could shift into full altcoin mode, signaling a potential rotation toward higher-beta assets (source: @CryptoMichNL on X, Sep 14, 2025).

According to @caprioleio, traders can track Debt-to-Equity, Debt to Enterprise Value, and Debt to BTC holdings for all Bitcoin Treasury companies via the shared resource, enabling structured balance-sheet analysis across the sector for trading workflows, source: @caprioleio. The consolidated coverage supports quick cross-company comparisons of leverage and BTC-backed debt coverage, helping identify balance-sheet risk concentrations that can affect equity performance and BTC sensitivity, source: @caprioleio. Traders can incorporate these ratios into screening and risk management when evaluating stocks with corporate BTC holdings as proxy plays on BTC volatility, source: @caprioleio.

According to @EmberCN, four members of the so-called Roller Coaster Squad have mostly lost their funds, with only @JamesWynnReal and one other still trading using what he calls ant-sized positions; source: @EmberCN on X, Aug 28, 2025. According to @EmberCN, James Wynn previously shared a Hyperliquid referral link that brought in 691 sign-ups and paid him $114,000 in rebates; source: @EmberCN on X, Aug 28, 2025.

According to @EmberCN, a large leveraged position on Hyperliquid had a liquidation price of 4,666.6 dollars and narrowly avoided liquidation as the platform low printed 4,667.5 dollars, leaving a 0.9 dollar buffer, source: @EmberCN. According to @EmberCN, the trader did not reduce the position during the drawdown and is currently showing an unrealized profit of 3.02 million dollars, source: @EmberCN. Based on @EmberCN's report, traders should note that Hyperliquid price lows can test liquidation thresholds within sub-dollar ranges during volatility and consider maintaining wider liquidation buffers and monitoring exchange-specific lows, source: @EmberCN.

According to @EmberCN, traders including James Wynn, AguilaTrades and others have achieved outsized profits via rolling position strategies and now exhibit path dependence toward repeating the approach, source: @EmberCN on X, Aug 16, 2025. Rolling and compounding winners in BTC and ETH perpetual swaps increases gross exposure and tightens liquidation buffers as leverage rises, historically elevating tail risk, source: Binance Futures Guide and Deribit Insights Risk Management. Crowded rolling flows tend to surface as rising positive funding rates alongside expanding open interest, which increases the probability of squeeze events in one-sided markets, source: Kaiko Market Data and Binance Research funding-rate methodology. Traders can adapt by capping leverage, scaling out into elevated positive funding, and monitoring funding/open-interest divergences as early warning signals for potential reversals, source: Deribit Insights Risk Management and Binance Research.

According to @ai_9684xtpa, Big Candle Capital (BCC) suffered a single-day asset drawdown of 24.495 million dollars, with the 7-day PnL curve peaking at 20.675 million dollars on August 13 before flipping negative the following day, and the account was previously reported to have earned 114 million dollars over 30 days (source: @ai_9684xtpa on X, August 15, 2025). Based on these reported PnL swings and what the author described as a market plunge, the episode highlights elevated leverage and concentration risk for short-term crypto traders during sharp sell-offs (source: @ai_9684xtpa).