According to @ai_9684xtpa on Twitter, Bitcoin briefly surged above $108,000, bringing a major Hyperliquid trader within $500 of their liquidation price. The trader, known for large leveraged positions, has not added margin but has started to reduce exposure through small-scale position unwinding. This high-stakes scenario signals increased liquidation risk and short-term volatility for BTC traders, with potential ripple effects on derivatives markets and overall market sentiment (source: @ai_9684xtpa, May 21, 2025).