According to EmberCN, a trader currently holds a 40x leveraged long position of 4,792 BTC valued at $520 million, with an entry price of $109,782 and a liquidation price of $107,419. The profit for this address has dropped from $87 million five days ago to just $3 million now, indicating an $84 million loss due to frequent high-leverage trades. This significant drawdown highlights increased liquidation risk and could add to short-term BTC price volatility, as large leveraged positions are often unwound rapidly, impacting market sentiment and liquidity (source: EmberCN on Twitter, May 28, 2025).