Bitcoin's price soared past $106,000, resulting in significant market activity, including 12 liquidations for trader James Wynn within 12 hours. Data from Lookonchain reveals Wynn has faced 45 liquidations over the past 60 days, leaving his account with just $6,010 after incurring losses of over $85,410. The surge followed a statement by President Trump regarding potential $2,000 dividends for Americans, which could increase crypto demand. The price spike also affected altcoins, with WLFI, PUMP, ZEC, and UNI experiencing gains. CoinGlass reported total liquidations of $360 million, with $260 million stemming from short positions, highlighting the market's volatility amid the news.