Jiang Zhuoer Sells Remaining ETH Spot at $1,931, Clears Position

Jiang Zhuoer, founder of莱比特矿池, has sold his remaining 50% spot position in ETH at a price of $1,931, fully clearing his ETH spot holdings. According to Odaily, the overall average selling price was $1,834.5. Jiang Zhuoer stated that ETH rebounded quickly and approached the starting point of the decline on June 2, with significant overhead resistance. He estimated the upper limit of this rebound to be around $2,000, prompting the sale. He also noted that the operation applies only to spot trading, warning that leveraged positions carry higher risk and advising futures traders not to follow suit.