Lbit Mining Pool founder Jiang Zhuoer stated that Ethereum sold 25% of its spot holdings at $2,420, and after liquidating on April 8, a total of 50% has been sold, with an average price of approximately $2,331. He also clarified that the statement about "shorting Ethereum at $2,242" on the 8th was inaccurate, and pointed out that Trump is lying, Iran has not opened the Strait of Hormuz, and shipping tracking shows most ships have turned back, leading the market to reprice accordingly.

MeNews

2026-05-25 21:08:18

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ME News Report, April 18 (UTC+8), Bitpool (B.TOP) founder Jiang Zhuoer stated that he sold 25% of his spot position at $2,420 Ethereum, and combined with the sale on April 8, he has sold 50% of his position, with an average selling price of $2,331. Jiang Zhuoer also clarified that his statement on April 8 about "shorting Ethereum at $2,242" was an improper expression. Jiang Zhuoer believes that "Trump is lying, Iran has not opened the Strait. Shipping tracking data shows that almost all ships attempting to pass through the Strait of Hormuz have turned back. Once the market reacts, it will reprice." (Source: ChainCatcher)

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FrenBurner

· 7h ago

The average price of 2331 exited the market, not counting a top escape but also avoiding subsequent fluctuations. The risk control awareness of veteran miners is indeed sharp.

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GateUser-fb035825

· 9h ago

Did the situation at the Strait of Hormuz take a turn? Trump is once again throwing up smoke screens; on-chain data is much more reliable than politicians' words.

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GaslightPoet

· 12h ago

Holding 50% of the position in cash, able to attack or defend, in this kind of market condition, only those who survive are the winners.

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GateUser-715706bb

· 13h ago

Political slogans are unreliable; it's better to look at on-chain data and actual shipping conditions—veterans all understand this.

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Jiang Zhuoer: Trump is lying, half of the Ethereum holdings have been sold.

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