Whale Closes 40x BTC Position, Earning Minimal Profit

A prominent cryptocurrency trader, known as the ‘Former 100% Win Rate Whale,’ recently closed a highly leveraged Bitcoin long position, generating approximately $32,000 in profit despite executing the trade on November 6th. Despite this, the move highlights the inherent risks of leveraged trading, even for experienced traders. This is evidenced by the trader’s recent losing streak that ultimately forced them to close their position.