"40X Leverage! This Pause Dares to Bet $1.8 Million on BTC While Losing"

This wallet dares to play with 40x leverage for a BTC position worth $1.8 million, even while experiencing daily losses. Overall, its account is still profitable by $1.11 million, but the performance over the last 7 days has dropped by $376 thousand.

In addition to BTC, this trader also holds ETH with 25x leverage and FARTCON tokens with 3x leverage. What’s interesting: there are no open orders at all, indicating a more straightforward strategy with less hedging.

Even with extreme leverage, its BTC and ETH positions are only experiencing small losses (unrealized). The biggest risk lies in liquidation if the price moves sharply against its positions. This is a real example of high-stakes trading in the crypto world.