#数字资产市场洞察 A well-known trader has recently become the center of attention again—this time not because of a liquidation disaster, but due to a dramatic turnaround on the edge of a knife.

The story begins on the night the Bank of Japan announced a rate hike. The market plummeted instantly—many were waiting to see this big player's position get liquidated. But instead, his heavy position of 4,600 ETH remained steady. His trading logic is very "hardcore": with maximum leverage, he decisively reduced his position by 700 ETH to cut losses during the decline, then precisely added back 200 ETH—keeping the liquidation line tightly at 2783. When the market rebounded, his account's unrealized profit jumped to over $200,000.

His tweet was even more reckless: "Even if I blow up, I won't be shaken; I use position size to feel the market." This isn't just trading contracts; it's a psychological game.

What's crazier is his trading menu: he hasn't closed his ETH long position yet, and has turned around to set up a 40x leveraged BTC long, even scouting for opportunities in some concept coins. This isn't a trader—it's practically dancing on the edge of the market's knife.

Keep in mind, this guy has already blown over 20 million in recent months, and now he's repeating similar high-risk maneuvers—each time seemingly testing the market pressure with his account.

So, how should we interpret this? Does he really understand the core principles of high leverage, or is this just the last wild celebration before the next liquidation? The answer might not be that simple.

Tip: High leverage trading is extremely risky. For ordinary observers, it's best to watch and not copy easily—only those who survive can wait for the next real opportunity.