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Jiang Zhuoer: BTC Faces First Test, Sold 50% ETH Spot

Jiang Zhuoer, a prominent Chinese crypto investor, stated that Bitcoin is facing its first major test since the current rally began. He revealed that he has sold 50% of his ETH spot position, signaling caution amid market volatility.

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AI take

A high-profile Chinese investor publicly trimming ETH while flagging BTC's first major test adds a notable sentiment marker to the current rally. The move suggests profit-taking or risk reduction among influential players, which could amplify market jitters if others follow suit. The key watch is whether this signals a broader shift in positioning among large holders or remains an isolated cautionary stance, with BTC's ability to hold its trend under scrutiny.

Generated by AI for reference only.

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