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ETH/BTC exchange rate longs James Fickel sold 6500 ETH for 235.6 WBTC 2 hours ago to repay, reduce position
Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, the famous ETH/BTC Exchange Rate longs James Fickel continued to reduce his ETH/BTC Exchange Rate Long Position 2 hours ago: he sold 6500 ETH (22.24 million US dollars) and exchanged it for 235.6 WBTC to repay the reduce position. ◎ James Fickel's ETH/BTC Exchange RateLongPosition peaked at the end of May, when he borrowed a total of 2,987 WBTC (204.7 million USD) on Aave and bought ETH with an average Exchange Rate of 0.054. ◎ Later, as the ETH/BTC Exchange Rate continued to fall, James Fickel started to reduce position from August: redeeming ETH in batches and selling it for WBTC to repay. In the past four and a half months, he has exchanged 59,500 ETH for 2,398.2 WBTC through reduce position, with an average Exchange Rate of 0.04. ◎His ETH/BTC Exchange Rate longs Position currently has a borrowing of 575.3 WBTC.