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ETH/BTC exchange rate longs James Fickel ended long positions, with a total loss of about $68.84 million.
BlockBeats news, on December 28th, according to on-chain data analyst Yu Jin's monitoring, the well-known ETH/BTC Exchange Rate long positions trader James Fickel ended his long position, selling 6429 ETH (approximately $21.45 million) 4 hours ago and exchanging it for 227 WBTC to clear all WBTC debts. The year-long ETH/BTC Exchange Rate long positions operation resulted in a loss of $68.84 million (20,632 ETH). In the first half of the year, James Fickel borrowed 2,987 WBTC at an Exchange Rate of 0.054 through Aave, selling it to exchange for 55,315 ETH to go long on the ETH/BTC Exchange Rate. Starting in August, he began selling ETH to buy back WBTC for repayment, spending a total of 75,947 ETH to buy back 2,987 WBTC for repayment at an Exchange Rate of 0.0393.