Trader With 100% Win Rate Opens 20x Long on 12,000 ETH

A perfect track record on a leveraged position is a fragile signal: it reflects past outcomes, not immunity to liquidation, and the 20x structure means the same volatility that created the entry can erase the margin. What matters here is not the win rate but the sizing — a $29.88 million notional held by a single address is a visible liquidation level that other leveraged traders can trade against. Whether that address's unrealized gain survives the next swing is the open question, and whether copycat flow follows it is the second.