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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
UK Crypto Tax New Rules Take Effect, User Data Sharing Raises Security Risk Concerns
The United Kingdom implemented new CARF-based regulations on March 20th, requiring crypto service providers to submit detailed user information to tax authorities, with automatic data exchange with over 70 countries planned for 2027. This mechanism aims to curb tax evasion but has raised privacy and security concerns, particularly regarding the increase in violent incidents such as "wrench attacks." Analysts believe that balancing regulation with user safety will be a key challenge going forward.
GateNews9m ago
Long-term BTC short-seller mega whale "Ultimate Short" closes position and pivots, going long Nasdaq 100 with $13.6 million
Major whale "Ultimate Short" recently increased positions in Nasdaq-100 index long positions with a scale of $13.6 million, marking its shift from long-term BTC short positions to long positions in US tech stocks. Previously, after profiting $61.4 million from BTC short positions, it has completely closed those positions.
GateNews33m ago
Hong Kong young investor loses $160M in BTC, theft allegedly committed by live-in partner
A Hong Kong investor lost $160 million in Bitcoin due to a theft by their live-in partner who had access to their digital assets, underscoring security risks in sharing private keys.
GateNews53m ago
On-chain address cleaned out BTC and ETH positions, taking $1.75M profit before opening $39.4M long position
On March 20th, address 0x94d closed out 105 million dollars in BTC and ETH short positions, realizing profits of approximately 1.75 million dollars, then reversed to open long positions. The current long position size has reached 39.4 million dollars with unrealized losses of approximately 10,000 dollars. This address is known for reverse operations and excels at swing trading.
GateNews1h ago
