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BTC $62,416.40 -1.55%
ETH $1,674.27 -0.24%
BNB $595.74 -0.61%
XRP $1.14 -0.21%
SOL $65.98 -1.18%
TRX $0.3225 -1.14%
DOGE $0.0857 -0.57%
ADA $0.1686 +1.52%
BCH $205.41 -0.56%
LINK $7.93 -0.62%
HYPE $61.21 -4.99%
AAVE $62.39 -2.79%
SUI $0.7546 -1.01%
XLM $0.2007 -0.61%
ZEC $472.90 +8.94%
BTC $62,416.40 -1.55%
ETH $1,674.27 -0.24%
BNB $595.74 -0.61%
XRP $1.14 -0.21%
SOL $65.98 -1.18%
TRX $0.3225 -1.14%
DOGE $0.0857 -0.57%
ADA $0.1686 +1.52%
BCH $205.41 -0.56%
LINK $7.93 -0.62%
HYPE $61.21 -4.99%
AAVE $62.39 -2.79%
SUI $0.7546 -1.01%
XLM $0.2007 -0.61%
ZEC $472.90 +8.94%

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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