On January 14th, an unusual operation appeared on the blockchain.

An address that has attracted quite a bit of attention (0x4331c), on the line at $94,680, directly opened 40x leverage to short 42.25 BTC. No testing the waters, no small positions to probe—this is clearly a stance.

The current on-paper loss is about $29,000. But what’s truly worth pondering is not this retracement.

Looking into the history of this address, the data is quite striking:

159 transactions
Only 4 losses
Total loss of $5,191.12
The remaining 155 are all profitable exits
Total account profit of $291,200

In other words—this is an account that has hardly given the market many chances to make mistakes.

Players like this usually aren’t scared off by short-term volatility, nor do they add positions impulsively during market euphoria. Choosing to operate with high leverage in the opposite direction above $94,000, and remaining steady during floating losses, indicates that their judgment logic isn’t focused on the next candle but on a longer-term pattern.

While most people are still discussing trends, news, and where the positives are, this kind of account has often already identified where the biggest disagreements are and has directly gone in.

This isn’t about long or short positions, but about who is truly betting on the chips.

The subsequent development of this position is likely to leave a quite clear mark on the upcoming market trend. It’s worth keeping a close eye on this address’s movements.