According to @lookonchain, the recent market downturn caused trader 0x0558 to experience partial liquidation of his BTC and ETH long positions. He has now fully closed his ETH longs and holds 640 BTC ($72.3M) in remaining long positions. Notably, his unrealized profit has plummeted from over $18M just five days ago to only $494.7K, indicating that almost all of his gains have been wiped out by the volatility. This event highlights the significant risk for leveraged long positions in current crypto market conditions and signals increased volatility for both BTC and ETH trading pairs (source: @lookonchain).

According to Ai 姨 (@ai_9684xtpa), Bitcoin experienced a rapid price drop to $104,727, causing 95.5 BTC in long positions held by trader James to be liquidated, resulting in a $322,000 loss. James's remaining long position now stands at 1,591.82 BTC (approximately $629 million) with an entry price of $107,993.1 and a liquidation price of $104,530. The current unrealized loss totals $4.99 million. After the brief dip, BTC quickly rebounded above $105,000. This swift movement highlights heightened volatility and underscores risk management needs for leveraged traders, with potential ripple effects on market sentiment and liquidations across crypto derivatives platforms (Source: @ai_9684xtpa on Twitter, May 30, 2025).

According to @EmberCN, prominent trader James Wynn experienced multiple BTC long position liquidations due to sharp price wicks, leading to a $12 million loss within 24 hours. Wynn's margin depletion prevented him from restoring his positions, causing his BTC long holdings to plummet from $760 million to $279 million. With only $590 left in his address, this incident highlights the increased liquidation risks and margin management challenges in volatile crypto markets. Source: @EmberCN on Twitter.