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ETH $2,138.05 +1.25%
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XLM $0.1477 -0.98%
ZEC $566.84 +6.97%
BTC $77,186.45 +0.07%
ETH $2,138.05 +1.25%
BNB $645.79 +0.00%
XRP $1.39 +0.01%
SOL $85.64 +0.83%
TRX $0.3553 +0.18%
DOGE $0.1049 -1.91%
ADA $0.2521 +0.59%
BCH $379.06 -5.75%
LINK $9.65 +1.75%
HYPE $47.87 +3.45%
AAVE $89.75 +1.09%
SUI $1.06 +2.76%
XLM $0.1477 -0.98%
ZEC $566.84 +6.97%

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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