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Crypto

Jiang Zhuoer’s BTC Short Loses 1.95%, Total Position Still Up 4.3%

Litecoin mining pool founder Jiang Zhuoer said he sold 100% of his BTC position at $77,226 and has since been short, with the trade down 1.95% at $78,730.74. His full ETH spot position gained 5.74% from $2,467.61 to $2,609.31, and a 5% BNC spot position rose 0.51% from $4.81 to $5.305, leaving the combined portfolio up about 4.3%.

Original source

AI take

A public figure flipping fully short after exiting a long is a positioning signal worth noting, though the modest drawdown on the short against gains in ETH and BNC shows how quickly a directional bet can lag a broader book. What stands out is the disclosure itself: named miners and pool operators broadcasting real-time P&L gives the market a rare look at how large holders are rotating between BTC and altcoin exposure. Whether this short is held through further BTC strength, or unwound, is the open question.

Generated by AI for reference only.

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