BTC Breaks Through 68,000 USDT

BTC-0,27%

Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,003.2 USDT.

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An address used 40x leverage for small trades over the past month, incurring a loss of $4.99 million.

Foresight News reports that, according to @ai\_9684xtpa monitoring, an address using 40x leverage for 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. The 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, with positions held for no more than 24 hours.

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