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An address engaged in small transactions with 40x leverage over the past month, resulting in a $4.99 million loss.

2 days ago

March 4th: On-chain analyst Ai Auntie (@ai_9684xtpa) notes a crypto address favors 40x leverage for trading, having lost $4.99 million over the past month. Of its 50 trades, 20 were profitable—good for a 40% win rate. Since Feb 18, the address has traded BTC using 40x leverage (both long and short). The gap between its entry price and liquidation price is often just a few hundred dollars, sometimes less than $100 at the extreme. Mostly small wins, big losses—yet it keeps placing high-frequency trades with holding periods under 24 hours.
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