According to Lookonchain, trader 0x51d9 executed a high-risk 40x leverage short on BTC right as the price began to drop, resulting in over $5 million in unrealized profit. Despite losing nearly $4.96 million across his previous six trades, this single position has recovered all prior losses. This significant move highlights the volatility and potential for rapid gains or losses in leveraged Bitcoin trading, offering key insights for crypto traders monitoring high-leverage strategies and market timing. (Source: Lookonchain via Twitter, June 13, 2025)