Jiang Zhuoer: Bought back 75% of Bitcoin position at $82,789, expects a rebound in the near term.

October 8th, Jiang Zhuoer, founder of LTC Mining Pool, stated in a post that he has bought back 75% of his BTC position at $82,789 (previously sold at $86,789 and $84,460). In the near term, he expects a rebound first, citing that the market "has been unable to keep falling, with many buyers stepping in."

He also stated that his operations in recent months involved no leverage, accumulating a coin-based profit of 35.1% and a USD-based profit of 98.6%.