Jason60704294: Closes $265M BTC Short for $17.64M May Gain | Flash News Detail | Blockchain.News
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5/20/2026 2:40:00 AM

Jason60704294: Closes $265M BTC Short for $17.64M May Gain

Jason60704294: Closes $265M BTC Short for $17.64M May Gain

Jason60704294 books $17.64M total profit shorting BTC, including $12.61M from largest 3,294 BTC position worth $265M as Bitcoin holds $76,677.

Source

Analysis

Jason60704294 exited his biggest short of the month, 3,294 BTC worth $265 million, adding $12.61 million from the May 12-20 trade and lifting cumulative May profits above $17.64 million after earlier mixed results on BTC.

Bitcoin trades at $76,677.75 inside the Bollinger Bands on the 4-hour chart with upper resistance at $78,611.35 and lower support at $75,967.63; the bearish structure keeps price below both EMA50 at $78,421.75 and EMA200 at $77,352.35 even as MACD registers a golden cross at -647.64 while RSI at 38.6 stays neutral, pointing to a likely test of the 50-EMA before any sustained move that could shape the next BTC price prediction or crypto market crash scenario.


Ai 姨

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Ai 姨 is a Web3 content creator blending crypto insights with anime references