According to Ai 姨 (@ai_9684xtpa), James's leveraged long position was partially liquidated, resulting in the forced sale of 431.08 BTC and a realized loss of $615,000. Despite this setback, James still holds a significant 770.23 BTC long position, valued at approximately $80.64 million, with the liquidation price now lowered to $104,030. This large-scale liquidation event highlights increased downside risk and elevated volatility in the Bitcoin derivatives market, signaling to traders that overleveraged positions remain highly vulnerable during sudden market corrections (Source: Twitter - Ai 姨, June 4, 2025).