Whale 'Jason60704294' Flips to Short Position on BTC

On-chain analyst Ai Yi reported that the whale known as 'Jason60704294' has closed long positions and opened a short position of 1,894.784 BTC (approximately $132 million) at an entry price of $69,826.89. The strategy involves shorting when the market rises 5% to 10% without extreme news, with a stop-loss at $70,400 and a take-profit range between $66,500 and $68,000.