Foresight News reports that, according to @ai_9684xtpa monitoring, an address using 40x leverage trading has lost $4.99 million over the past month. Out of 50 trades, 20 were profitable, with a win rate of 40%. Since February 18, this address has been trading BTC with 40x leverage, taking both long and short positions. Entry and liquidation prices are often only a few hundred dollars apart, sometimes even less than $100 at the extreme. Most of the time, it wins small and loses big, but still opens trades frequently, holding positions for no more than 24 hours.
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