According to @EmberCN on Twitter, prominent trader James Wynn, who predicted Bitcoin would reach $118,000–$121,000 next week, closed his $1.2 billion BTC long position this morning, incurring a $13.39 million loss. The liquidation process began at 6:40 AM and was completed by 7:27 AM, totaling just 47 minutes for the entire position to be closed (source: @EmberCN, May 24, 2025). This significant forced liquidation signals heightened volatility and increased caution among large-scale traders, potentially impacting short-term trading strategies and spot prices for BTC. Market participants are advised to monitor whale activity closely, as such large-scale liquidations can trigger rapid price swings and increased leverage risks across major exchanges.