[Wu Blockchain News] Chinese Miner Jiang Zhuoer Exits DeFi Altcoins After Market Call Misses, Pauses Trading

Jiang Zhuoer, founder of mining pool BTC.TOP, has sold his entire DeFi altcoin portfolio and shifted to a hedged neutral position after Bitcoin’s drop below support at $63,853 and $64,100 pushed prices toward his roughly $61,576 invalidation level. The prominent Chinese miner said the decline invalidated parts of his earlier bullish thesis, and he warned that a late-bear-market move below $57,800 could trigger sharper losses in smaller DeFi tokens. Jiang added that he will pause trading for a period before considering new positions. His exit matters as a signal that a widely followed miner-turned-DeFi bull has turned defensive, with the $57,800 Bitcoin level now the key downside marker to watch for further altcoin weakness.