According to on-chain analyst Ai Yi, an address that has "shorted BTC four times consecutively since March 2025" has increased its short position to 1,209.36 BTC (approximately $139 million). Ten minutes ago, a limit sell order for 22.05 BTC was placed in the $115,331-$115,570 range. The take-profit order for this address is set at $97,332-$98,932. However, since this address has held its position for several months and has earned over $8.35 million in funding fees, it may be hedging.