According to @Flavio_leMec's recent Twitter poll, leading crypto traders are increasingly choosing wallets like MetaMask, Trust Wallet, and Ledger for their robust security features, fast transaction speeds, and integration with DeFi protocols. The poll highlights MetaMask’s dominance among active traders due to its seamless compatibility with decentralized exchanges and NFT marketplaces, which directly impacts trading efficiency and liquidity management (Source: @Flavio_leMec, Twitter, May 23, 2025). Traders are advised to monitor wallet adoption trends, as preferred wallet infrastructure can influence token accessibility, cross-chain trading activity, and overall market liquidity.

According to Milk Road, traders are advised to hold major cryptocurrencies and store them securely in cold wallets like Ledger to mitigate risks associated with complex trading strategies.

According to ZachXBT, an individual with cryptocurrency funds stored on a Ledger device was scammed over the phone. This incident highlights the vulnerability of crypto investors to social engineering attacks, even when using secure hardware wallets. Traders should be vigilant about phone scams and ensure they do not share sensitive information with unverified callers.