Whale Jason60704294 flips from long to short with 1,894.784 BTC position

Whale Jason60704294 flips from long to short with 1,894.784 BTC position

N
News Editor
2026-08-20 01:36:41
ChainCatcher reported, citing on-chain analyst Ai Yi, that the whale known as 「先定10个大目标」 and identified as @Jason60704294 has closed a long position and switched to a short bet on Bitcoin. The address is now holding a 1,894.784 BTC short position worth about $132 million, with an entry price of $69,826.89. According to the monitoring data cited in the report, the trader’s setup is to open a short position when the broader market rises quickly by 5% to 10% without any extreme news catalyst. The stated stop-loss is $70,400, while the take-profit range is set between $66,500 and $68,000. The report did not provide extra details beyond the position data and the outlined trading logic.

ChainCatcher, citing on-chain analyst Ai Yi, reported that the whale known as 「先定10个大目标」 and identified as @Jason60704294 has closed a long position and turned short on Bitcoin.

The wallet is now holding a 1,894.784 BTC short position valued at about $132 million. The entry price was listed at $69,826.89.

Based on the monitoring data cited in the report, the trader’s logic is to open a short when the broader market posts a rapid 5% to 10% move higher without any extreme news catalyst. The stop-loss was set at $70,400, and the take-profit range was given as $66,500 to $68,000.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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