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2026-06-05 08:57:00 UTC

Blockchain Report on Nostr: Jiang Zhuoer, CEO of Bixin Pool, has announced the repurchase of his previously sold ...

Jiang Zhuoer, CEO of Bixin Pool, has announced the repurchase of his previously sold Ethereum positions at $1,645 per ETH. Zhuoer had previously sold approximately 50% of his spot ETH holdings in the $2,200 to $2,400 range, with an average selling price of $2,331. He maintains that the market is still in a downtrend, but noted that Bitcoin has found support twice around the $61,000 level without breaking through. Zhuoer anticipates a potential rebound in the next one to three days, after which he plans to further reduce his positions.

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