Jiang Zhuoer: Bitcoin Faces First Test Since 8.19, 50% of ETH Spot Position Sold

On August 29, Jiang Zhuoer, founder of B.TOP mining pool, stated that Friday saw Bitcoin ETFs turn to net outflows, ending a 9-day inflow streak. On the news front, Fed Chair Waller turned hawkish, putting BTC under its first test since the recent rally.

Jiang Zhuoer also confirmed that he sold 50% of his ETH spot position during Friday's decline.

[BlockBeats]