Data: ETH/BTC exchange rate "dead long" James Fickel sells ETH again for WBTC to repay loans

2024-09-07 08:55:21
Collection

ChainCatcher message, on-chain data analyst Yu Jin monitoring pointed out that the "dead bull" James Fickel sold another 3000 ETH last night after the drop in the ETH/BTC exchange rate and exchanged it for 124 WBTC to repay his loan.

Currently, Fickel's long position in the ETH/BTC exchange rate has significantly depreciated as the ETH/BTC exchange rate continues to decline. At its peak, he borrowed and sold as many as 2981 WBTC at the end of May, which is now down to 2316.

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