Jiang Zhuoer: Completed full liquidation of Ethereum spot holdings, projects Ethereum’s rebound will cap at $2,000.
2026.07.15 22:06:25
Jiang Zhuoer, founder of BTC.TOP (LeiBit Mining Pool), announced in a post that he sold his remaining 50% of Ether (ETH) spot holdings when the cryptocurrency rebounded to $1,931, completing his full ETH spot liquidation at an average selling price of $1,834.5. ETH has now nearly rallied back to its level at the start of the current downturn on June 2, with most investors holding underwater positions above current levels, and the rebound is projected to cap at $2,000. Earlier reports noted that Jiang had repurchased his entire ETH position at $1,645 during the market crash on June 5, and sold 50% of his ETH spot holdings at $1,629 on June 11.
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