Jiang Zhuo'er: BTC Faces First Test Since Rally, ETH Position Reduced by 50%

August 29 news, Jiang Zhuo'er, founder of LakeBTC mining pool, stated in a post that Friday saw Bitcoin ETFs turn to net outflows, ending a 9-day inflow streak. On the news front, Fed Chairman Warsh signaled a hawkish stance, and BTC will face its first test since the rally began. Jiang Zhuo'er also confirmed that he sold 50% of his ETH spot position during Friday's decline.