BTC $64,561.87 +0.36%
ETH $1,910.81 +0.30%
BNB $602.16 -0.41%
XRP $0.9998 -0.20%
SOL $76.93 +1.38%
TRX $0.3328 +0.55%
DOGE $0.0701 -0.37%
ADA $0.1728 -0.50%
BCH $203.61 -0.48%
LINK $9.50 +0.25%
HYPE $58.68 -0.37%
AAVE $88.26 -0.54%
SUI $0.6508 -3.73%
XLM $0.1537 -2.24%
ZEC $509.00 -1.30%
BTC $64,561.87 +0.36%
ETH $1,910.81 +0.30%
BNB $602.16 -0.41%
XRP $0.9998 -0.20%
SOL $76.93 +1.38%
TRX $0.3328 +0.55%
DOGE $0.0701 -0.37%
ADA $0.1728 -0.50%
BCH $203.61 -0.48%
LINK $9.50 +0.25%
HYPE $58.68 -0.37%
AAVE $88.26 -0.54%
SUI $0.6508 -3.73%
XLM $0.1537 -2.24%
ZEC $509.00 -1.30%

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

2024-12-28 09:59:35

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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