According to @EmberCN on Twitter, the recent minor crypto market dip has pushed James Wynn’s leveraged long positions in Bitcoin (BTC), Ethereum (ETH), and SUI underwater, excluding PEPE. Wynn’s 40x long on 7,500 BTC, valued at $810 million with an entry price of $108,997, now faces a $5.21 million unrealized loss. His 25x long on 24,506 ETH, worth $62.21 million at an entry of $2,657, is down $2.91 million. A 10x long on 4.85 million SUI is similarly in negative territory. Traders should note the heightened liquidation risk and volatility for large leveraged positions, which could trigger rapid price swings and increased liquidations across the crypto derivatives market if further downside occurs (Source: @EmberCN).

According to EmberCN, a whale has repeatedly shorted Ethereum (ETH) around the $1,800 level, now holding a cumulative short position of 10,000 ETH valued at $17.9 million with an average entry price of $1,791. The whale increased their position by shorting an additional 4,000 ETH within the last hour. Currently, the position is incurring an unrealized loss of $510,000. Traders should monitor this whale's aggressive positioning and potential liquidation risk, as significant short exposure near a key resistance level could drive volatility in ETH price action. (Source: EmberCN on Twitter, debank.com/profile/0x8e5a)