Lbit Mining Pool CEO Jiang Zhuoer announced that today he repurchased all previously sold ETH positions at a price of $1,645. He had sold about 50% of his spot holdings in batches between $2,200 and $2,400, with an average selling price of approximately $2,331. Jiang Zhuoer believes the market is still in a downtrend, but Bitcoin has found support twice near $61k and has not broken below it effectively. He expects a rebound in the next 1 to 3 days, after which he will continue to reduce his holdings.

ETH-10.7%
BTC-4.02%
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