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US day traders flock to the most dangerous product in crypto

Crypto Briefing·July 19, 2026·1 min read
US day traders flock to the most dangerous product in crypto

US day traders are increasingly using perpetual futures contracts with up to 100x leverage, despite data showing 70-97% of day traders lose money over time. The high-risk product has attracted retail interest, raising concerns about potential losses in the crypto derivatives market.

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