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BTC $58,494.65 -2.18%
ETH $1,571.53 -0.17%
BNB $544.66 -1.11%
XRP $1.03 -1.15%
SOL $73.55 -0.42%
TRX $0.3165 -2.00%
DOGE $0.0707 -2.69%
ADA $0.1445 -0.46%
BCH $198.94 +1.42%
LINK $7.18 -1.74%
HYPE $65.20 +0.83%
AAVE $85.29 -5.63%
SUI $0.6913 -0.19%
XLM $0.1816 +4.62%
ZEC $400.25 +2.58%

Data: Amaranth Foundation founder James Fickel has bought 4,947 ETH again, worth approximately 18.8 million USD

2024-05-22 09:32:12
Collection

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, Amaranth Foundation founder James Fickel's long position on the ETH/BTC exchange rate has finally broken even after four months: 2 hours ago, the long position holder James Fickel continued to use 16 million USDC + 40 WBTC to buy 4,947 ETH (18.8 million USD), at an average price of 3,801 USD.

Since the beginning of January this year, he has borrowed a total of 2,781 WBTC (195 million USD) from Aave and sold it to exchange for 51,429 ETH to go long on the ETH/BTC exchange rate, with a cost basis of 0.054 for the ETH/BTC exchange rate. Currently, the ETH/BTC exchange rate has returned to 0.054, which means his long position on the ETH/BTC exchange rate has finally broken even.

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