According to @EmberCN, a prominent BTC whale liquidated a 1200 BTC long position worth $126 million approximately 30 minutes ago, incurring a loss of $4.48 million after holding for 17 hours. The position was opened at around $108,700 per BTC, but persistent market downturn forced liquidation at $105,000 per BTC. This large-scale exit highlights intensified bearish sentiment and may trigger further volatility and short-term downside risk for BTC traders in the crypto market (Source: Twitter/@EmberCN, hyperdash.info).