Woofun AI reports that Jiang Zhuoer, founder of LakeBTC, liquidated his remaining 50% ETH spot holdings at $1,931, achieving an average exit price of $1,834.5. He attributes the sale to significant resistance from trapped buyers, estimating the current rebound’s upper limit at approximately $2,000. Jiang Zhuoer emphasized that this strategy applies strictly to spot trading and warned against futures traders adopting similar tactics due to high leverage risks.