'God of War' makes a massive bet on Bitcoin's decline with 40x leverage

A well-known trader with the pseudonym ‘God of War’ demonstrated an aggressive trading approach by opening a significant short position in January. According to data from the analytics platform BlockBeats, the trader took a position of 57 BTC using 40x leverage, indicating high confidence in a decline in Bitcoin’s price.

The entry point for the position was recorded at $87,716.9 per BTC. At the time of opening the position on January 26, this price reflected the trader’s market expectations. Notably, the position at the time of analysis shows a modest unrealized profit, pointing to market volatility and the difficulty of predicting short-term movements even for experienced traders.

The 'God of War’s trading history demonstrates an exceptional result. Out of 207 completed transactions, only five resulted in losses totaling $5,195.36. The remaining 202 trades were closed with a profit, resulting in an impressive account balance of $447,800. This success rate—approximately 97.6% profitable transactions—highlights the trader’s skill in identifying entry and exit points.

The current Bitcoin price is $72.28K (as of February 5, 2026), significantly below the trader’s entry point. This means that the 'God of War’s short position could theoretically have been quite profitable if it were still open. However, the high 40x leverage makes every price fluctuation critically important for maintaining the position.

The 'God of War’s story serves as a reminder that even with an impressive win percentage, using high leverage requires maximum discipline and precise risk management. His trading method demonstrates why proper market positioning remains a key factor for success in crypto trading.