According to Lookonchain, trader Gambler 0x51d9 executed a high-risk 40x leveraged short on BTC just as the recent price drop started, resulting in over $5M in unrealized profit (source: Lookonchain, June 13, 2025). This successful trade completely offset his previous losses totaling $4.96M from the last 6 trades. The timing and leverage highlight the impact of precise entry points and risk management in crypto futures trading, especially with BTC volatility. This event also underscores the importance of monitoring large leveraged positions for potential liquidations or market influence, which can increase short-term volatility for Bitcoin traders.