According to CoinDesk, cryptocurrencies saw a sharp selloff late Thursday, with Bitcoin (BTC) dropping more than 2.5% to $105,900 and altcoins like Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) recording declines between 5-7%. The downturn accelerated as President Trump renewed trade tariff threats and geopolitical risks around Iran increased, prompting traders to de-risk. Despite U.S. equities closing with modest gains, the crypto market failed to recover, showing heightened sensitivity to macro uncertainty. Market data shows BTCUSDT trading at $102,353, ETHUSDT at $2,304, SOLUSDT at $136, and DOGEBTC at 0.00000222, reflecting broad-based losses. Traders should monitor further macro developments and Fed policy signals, as weak U.S. economic data could influence future crypto direction (Source: CoinDesk, U.S. Government Statements, Exchange Data).

According to @EmberCN on Twitter, James Wynn reduced his Bitcoin holdings by 3,852 BTC, valued at $410 million, between 10:50 and 10:52. Immediately after his sell-off, Bitcoin's price rebounded sharply, gaining $1,000 within half an hour. Wynn's current position includes a 40x leveraged long on 3,375 BTC worth $367 million, with an entry price of $110,084 and a liquidation price of $105,960. This aggressive leveraged position could increase volatility and impact short-term crypto market sentiment as traders monitor Wynn's activity closely (source: @EmberCN, May 27, 2025).