BlockBeats News, June 11th - Jiang Zhuo'er, founder of Lebit Mining Pool (B.TOP), announced that after buying back on June 5th, he sold 50% of his spot ETH at $1629. The reason was that "Trump has run out of options and will launch a new round of attacks on Iran's infrastructure." The US-Iran conflict is expected to escalate further.

Earlier, Jiang Zhuo'er had bought back all his ETH positions at $1645 during the market crash on June 5th.