The chain just exploded a moment ago. A long-dormant whale suddenly opened a 40x leveraged BTC long position, holding positions in ZEC and HYPE as well. The goal is very clear—only $23 million away from breaking even. This guy is really going all in this time, planning to turn things around with a rebound.

But this is no longer trading; frankly, it's playing "volatility roulette." With 40x leverage, a slight dip in the price can trigger liquidation. Even a small shake in the market can wipe him out.

Why should you pay attention to this kind of move? Because the liquidation points of such big players often become focal points in the bulls and bears battle. Prices tend to swing wildly around these levels, serving as a warning sign of potential risk. But here’s a key point—never follow their bets. Watching the show is fine, but copying them is just digging your own grave.

Honestly, high leverage looks like a quick path to wealth, but in reality, it’s a dead end leading to zero. The real profit logic isn’t about making one big move; it’s about surviving long enough. As long as you're still in the game, opportunities are always there. But only those who stick around until the end get to reap the rewards.

What’s the smartest approach? Keep a close eye on on-chain movements, observe changes in big players’ positions and key price swings, and firmly hold your risk control line. Market volatility often hides the next opportunity, but only if you have enough ammunition.

Don’t forget—those on-chain high-stakes bets are other people’s stories. Your real principal is your ticket into the bull market. Steady holdings, risk management, and orderly participation are always smarter than reckless gambling. Stay alert, stay patient. Markets will cycle, but there’s no need to risk your positions along the way.