Leverage.Trading Releases September Crypto Futures & Leverage Risk Report — Retail Traders Cut Risk Ahead of $1.5B Wipeout

Leverage.Trading published its September 2025 Crypto Futures & Leverage Risk Report, analyzing 106,302 trade setups to show how retail traders adjusted risk before the $1.5 billion "Red Monday" liquidation event on September 22, 2025. The data revealed that traders began reducing risk well in advance, with risk-management tool usage spiking and liquidation checks increasing by almost 30% between September 16-20. Furthermore, U.S.-based traders ran nearly twice as many liquidation checks per user as the global average, indicating a defensive shift. This behavior preceded the crash, as evidenced by perpetual funding rates turning negative, showing traders were paying to hold short positions. The report, based on proprietary behavioral analytics, underscores the value of tracking trader behavior to anticipate market shifts, a practice common in traditional finance but nascent in crypto. Anton Palovaara, founder of Leverage.Trading, emphasized that the company's mission stems from his own early trading losses due to ignoring liquidation thresholds and margin requirements.

(Source：BeInCrypto)