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According to on chain analyst Yu Jin's monitoring, James Fickel, a bullish investor in ETH/BTC exchange rate, sold 6429 ETH (21.45 million US dollars) 4 hours ago to exchange for 227WBTC and paid off all WBTC loans. James Fickel has been bullish on the ETH/BTC exchange rate for a whole year, resulting in a loss of $68.84 million (20632 ETH). In the first half of the year, he sold 2987 WBTCs borrowed from Aave at an exchange rate of 0.054 to exchange for 55315 ETH to go long on the ETH/BTC exchange rate; Starting from August, ETH was gradually sold to buy back WBTC for repayment, and a total of 75947ETH was spent to buy back 2987WBTC for repayment at an exchange rate of 0.0393; In the end, he incurred a loss of 20632 ETH ($68.84 million) on the ETH/BTC exchange rate by long trading.
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