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ZEC $337.15 +3.74%
BTC $76,142.53 -0.07%
ETH $2,346.73 -0.51%
BNB $625.37 -1.36%
XRP $1.44 +0.57%
SOL $86.76 -0.13%
TRX $0.3301 +0.47%
DOGE $0.0951 -0.69%
ADA $0.2502 -0.31%
BCH $443.17 -0.68%
LINK $9.35 +0.04%
HYPE $43.72 -1.25%
AAVE $93.81 -15.79%
SUI $0.9635 -0.48%
XLM $0.1715 +1.15%
ZEC $337.15 +3.74%

Data: ETH/BTC exchange rate bull James Fickel sold 6,429 ETH 4 hours ago

2024-12-28 09:59:35
Collection

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the famous ETH/BTC long position holder James Fickel has completely ended his year-long ETH/BTC long position today. He sold 6,429 ETH (21.45 million USD) for 227 WBTC to pay off all his WBTC loans. He incurred a loss of 68.84 million USD (20,632 ETH) from his year-long ETH/BTC long position:

  1. In the first half of the year, he borrowed 2,987 WBTC through Aave at an exchange rate of 0.054 and sold it for 55,315 ETH to go long on the ETH/BTC exchange rate;
  2. Starting in August, he gradually sold ETH to buy back WBTC for repayment, spending a total of 75,947 ETH to buy back 2,987 WBTC at an exchange rate of 0.0393 USD;
  3. Ultimately, he lost 20,632 ETH (68.84 million USD) on his long position in the ETH/BTC exchange rate.
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