According to @EmberCN on Twitter, James Wynn has closed all his BTC and PEPE long positions at 2 AM, resulting in a total loss of $2.79 million from this trade alone. After starting the week with $87 million in unrealized profits, Wynn has now lost $17.67 million of principal capital, leaving him with only $4.5 million in funds post-liquidation. This rapid capital reduction demonstrates significant volatility and risk in leveraged crypto trading, sending a warning signal to crypto traders and potentially increasing market caution in BTC and PEPE trading pairs (Source: @EmberCN, Twitter, May 31, 2025).

According to Crypto Rover, a trader lost $4.77 million in less than 8 hours by shorting Ethereum, dropping their account from $5 million to just $300,000 as a result of a strong short squeeze. This highlights elevated volatility and the risk of shorting ETH during bullish momentum, with current market sentiment favoring long positions and liquidating bearish traders (Source: Crypto Rover on Twitter, May 9, 2025). Traders should exercise caution and monitor real-time liquidation data before entering leveraged shorts, as Ethereum price action continues to squeeze bearish positions.