Data: A long position in the ETH/BTC exchange rate has been liquidated, selling 10,000 ETH in the past 5 hours to repay the loan
ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the ETH/BTC exchange rate bull James Fickel has started to give up and cut losses. This whale has sold 10,000 ETH for 425.75 WBTC (26 million USD) in the past 5 hours to repay loans, reducing its long position in the ETH/BTC exchange rate.
This whale has been continuously borrowing WBTC from Aave and then selling it for ETH to go long on the ETH/BTC exchange rate from January to July this year, with an ETH/BTC exchange rate cost of around 0.054. After partially reducing its position today, it still has a long position in the ETH/BTC exchange rate with 2,438.5 WBTC (148 million USD) in loans.
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