According to Lookonchain, James Wynn (@JamesWynnReal) was just liquidated for 240 BTC, valued at $25.16 million, after manually closing part of his position to lower his liquidation price. Despite this significant forced sale, Wynn still holds 770 BTC ($80.5 million) with a new liquidation price of $104,035, according to on-chain data from hypurrscan.io. This large-scale liquidation event highlights ongoing volatility and leverage risks in the Bitcoin market, affecting short-term sentiment and potentially increasing selling pressure for crypto traders (source: Lookonchain, June 4, 2025).