['Relentlessly trading BTC with 40x leverage,' a certain whale has lost $4.99 million in the past month, with a win rate of 40%] According to on-chain analyst @ai_9684xtpa, a certain whale has been relentlessly trading BTC 40x leverage contracts in both long and short positions since February 18. The price difference between their entry and liquidation points is extremely small, usually only a few hundred dollars, and in extreme cases, less than $100. Over the past month, they have incurred a loss of $4.99 million, with 50 trades and 20 profitable ones, resulting in a win rate of 40%. Most of the time, they achieve small wins but suffer large losses, yet they continue to trade frequently, with holding periods not exceeding 24 hours.