According to @EmberCN on Twitter, prominent trader James Wynn has realized a $3.18 million profit after selling 2,566 BTC worth $260 million. He still holds a 40x leveraged BTC long position, which has dropped in value from $570 million this morning to $310 million, with $5.25 million in unrealized gains remaining. This strategic reduction signals significant profit-taking and heightened volatility in the Bitcoin market, suggesting traders should monitor price action closely for further liquidation or reversal signals (source: @EmberCN, May 20, 2025).