Data: A long position in the ETH/BTC exchange rate sold 7,600 ETH again 6 hours ago in exchange for nearly 300 WBTC to repay and reduce the position

2024-09-16 09:28:21

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ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, ETH/BTC rate bull James Fickel sold another 7,600 ETH for 299.8 WBTC ($18 million) 6 hours ago to reduce his position.

Since he started reducing his position to stop losses on 8/11, he has cumulatively sold 23,600 ETH for 970.5 WBTC ($18 million) to repay his loan on Aave. He is currently still the largest ETH/BTC rate bull on-chain, with an outstanding WBTC loan of 1,896 (approximately $110.93 million).

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