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Whale trader uses 40x leverage to short 42 BTC, the trading logic behind the $290,000 profit in the account
【Block Rhythm】On-chain data shows that a seasoned trader with the nickname “Bai Sheng War God” (address 0x4331c) has recently made a significant move. This guy used 40x leverage to short 42.25 BTC, with an entry price around $94,680.1, currently showing a floating loss of $29,000.
It looks like a loss, but don’t be fooled by this number. Digging into the historical performance of this address reveals the truth—out of 159 trades, only 4 were losing trades, with a total loss of just $5,191.12. The remaining 155 trades? All closed in profit. The account’s cumulative profit has reached $291,200.
What does this win rate mean? A 97.5% success rate, with a total profit of over $290,000. If you say this guy is a master, probably no one would object. This time’s 40x leverage short position, although currently showing a floating loss, based on his past performance, might be another attempt to wait for a reversal at a certain node. Of course, leverage trading always carries risks—no matter how skilled a trader is, one mistake can lead to a wipeout.