According to Lookonchain, Bitcoin ($BTC) experienced a sharp 1.2% decline, prompting top trader @JamesWynnReal to quickly deposit $10.88 million USDC into Hyperliquid and partially close his $PEPE long position at a loss to prevent liquidation on his Bitcoin holdings. This risk management move signals heightened whale activity and reinforces the importance of liquidity management during sudden BTC price swings. Crypto traders should monitor large on-chain deposits and position adjustments for potential volatility, as major whale actions can trigger cascading effects across both meme coins and blue-chip assets (Source: Lookonchain on Twitter, May 26, 2025).