Jiang Zhuoer: Due to the escalating conflict between the US and Iran, I have sold 50% of my spot ETH at $1629.

CoinFeed reported on June 11 that Jiang Zhuoer, founder of BTC.com, stated that after buying back ETH on June 5, he sold 50% of his spot ETH holdings at $1629. The reason given was that "Trump has run out of options and will launch a new round of attacks on Iranian infrastructure," and the US-Iran conflict is expected to escalate further. Previously, it was reported that Jiang Zhuoer had bought back all his ETH holdings at $1645 during the market crash on June 5.