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COINOTAG News reported on October 16 that on-chain analyst Ai Yi (@ai_9684xtpa) identified a whale wallet that reversed a prior ~$140 million BTC short into a 5x long on Bitcoin. The address is now holding 68.42 BTC (approximately $7.62 million) with an entry price of $111,066.5, as reflected in on-chain transaction data.
The same wallet has also placed a limit buy order totaling $14.65 million within the $111,000–$111,053 band. These ledger-verified actions indicate a clear directional adjustment in market positioning and are directly observable on public blockchain records, per the cited on-chain analysis.
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