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BTC $77,131.80 -1.05%
ETH $2,140.21 -1.72%
BNB $645.55 -1.31%
XRP $1.39 -1.21%
SOL $85.58 -0.57%
TRX $0.3559 -0.07%
DOGE $0.1053 -4.10%
ADA $0.2524 -0.38%
BCH $376.79 -8.55%
LINK $9.59 -0.96%
HYPE $47.40 +1.59%
AAVE $89.70 -0.43%
SUI $1.06 -0.21%
XLM $0.1477 -1.93%
ZEC $565.62 +4.72%
BTC $77,131.80 -1.05%
ETH $2,140.21 -1.72%
BNB $645.55 -1.31%
XRP $1.39 -1.21%
SOL $85.58 -0.57%
TRX $0.3559 -0.07%
DOGE $0.1053 -4.10%
ADA $0.2524 -0.38%
BCH $376.79 -8.55%
LINK $9.59 -0.96%
HYPE $47.40 +1.59%
AAVE $89.70 -0.43%
SUI $1.06 -0.21%
XLM $0.1477 -1.93%
ZEC $565.62 +4.72%

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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