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.