đBitcoin Sinks to $107K, Trader Takes $13M Hit in Brutal Liquidationđ
The latest Bitcoin dip didnât just shake the market â it wiped out millions from one traderâs portfolio in under an hour.
1ď¸âŁ Bitcoin Falls to $107,408
BTC dropped 1.2% in the last 24 hours as of Sunday (May 25), triggering widespread sell-offs and heightened volatility.
2ď¸âŁ Trader Loses $13M in 47 Minutes
According to Ember CN on X, a large trader closed a $1.2 billion long position after prices dipped to $107K â well above the liquidation point of $105,180 â resulting in a loss of over $13 million (Rp211 billion).
3ď¸âŁ Macro Pressure from U.S.âEU Tensions
Investors are reacting to macroeconomic uncertainty, including U.S. President Donald Trumpâs threat to impose a 50% tariff on European goods starting June 1 â escalating geopolitical and trade risks.
CONTEXT:
The sell-off highlights the precarious state of leveraged crypto trading in a market still sensitive to global headlines. With BTC down from its recent peak of $111K, traders may continue facing turbulence as political and economic tensions weigh on sentiment.