Jiang Zhuoer, founder of LaiBit Mining Pool, has reportedly bought back 75% of his BTC position at $82,789.

He previously sold BTC at $86,789 and $84,460, and is now stepping back into the market as Bitcoin’s downside momentum appears to have slowed.

According to ChainCatcher, Jiang said he is watching for a near-term rebound, noting that the market has stopped falling and buyers are starting to step back in. 📈

He also revealed that he hasn’t used leverage in recent months.

💰 Cumulative profit in coin terms: +35.1%
đŸ’” Cumulative profit in U terms: +98.6%

The big question now: Is this the beginning of Bitcoin’s next rebound? 👀

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