Jiang Zhuoer, founder of BTC.TOP mining pool, sold all his small-cap decentralized finance (DeFi) tokens after Bitcoin fell below his key support levels around $63,853 and $64,100, reaching about $62,081. He kept hedged positions in Bitcoin and Ethereum and paused active trading to reassess the market, warning that a drop below $57,800 could lead to further losses for smaller DeFi tokens. Jiang also dismissed rumors of Binance deliberately selling crypto and questioned institutional selling on Coinbase. The move reflects growing caution amid a sharp market downturn and significant liquidations.
Jiang Zhuoer's recent sale of DeFi tokens provides context for cryptocurrency market activity. For readers following crypto broadly, here is Pluang's market snapshot as of Nov 15, 2026 19:21 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell today. Among notable movers, AXS dropped 6.37% to Rp12.464 with 93% of Pluang orders selling, DOT declined 6.26% to Rp13.440, and DOGE fell 6.18% to Rp1.077, with 80% of Pluang orders buying DOGE.
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