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Newcomer enters the market with aggressive shorting: 125 BTC with 40x leverage, floating loss of $75,000
【Blockchain Rhythm】An interesting scene unfolded on the chain. A trader who just entered the market (address 0xa445a) has recently gone all out, directly using 40x leverage to short BTC. This move was quite significant—125.92 BTC, equivalent to a position of $11.57 million. The average entry price was $91,316.3, and currently, it has a floating loss of $75,000.
What’s even more heartbreaking is that this brother only started his contract trading career on January 9. What does this mean? It means he went all in with high leverage just a few days after entering, betting on Bitcoin’s decline. The danger of this approach in such a market is obvious. Stories like this happen on the chain every day, but every time we see a new trader doing this, we can’t help but marvel—market tuition always has to be paid by someone.