Binance's copy trading feature—unless they learn from second- and third-tier exchanges that run proprietary market-making—will never scale up, and users are very likely to lose everything. Take the trades from the past couple of days, for example. I operated during the peak trading volume right after the main market opened, using just 1-2x leverage casually, and it still triggered a massive wick. Why? Because the users copying the trades execute at market price, which then gets exploited by arbitrageurs capturing the price difference, causing significant slippage losses for the followers. If users can't keep up, they'll complain. If they keep up but with too little, they'll complain. If they keep up but face heavy slippage, they'll complain. In the end, it's a vicious cycle. With so many unfavorable conditions causing capital erosion, users copying trades will inevitably lose everything—unless the trader can consistently maintain long-term profitability. But if they scale up, they'll just move into private funds. That's why the strongest traders will never stay on a platform to do copy trading. Vicious cycle.