BTC $64,951.06 -1.10%
ETH $1,882.87 -2.33%
BNB $566.70 -0.53%
XRP $1.11 -2.38%
SOL $75.45 -2.68%
TRX $0.3309 +1.04%
DOGE $0.0697 -3.55%
ADA $0.1666 -4.10%
BCH $211.27 -2.27%
LINK $8.51 -1.36%
HYPE $58.66 -0.85%
AAVE $95.87 -1.33%
SUI $0.7332 -4.95%
XLM $0.1829 -1.10%
ZEC $507.63 -1.64%
BTC $64,951.06 -1.10%
ETH $1,882.87 -2.33%
BNB $566.70 -0.53%
XRP $1.11 -2.38%
SOL $75.45 -2.68%
TRX $0.3309 +1.04%
DOGE $0.0697 -3.55%
ADA $0.1666 -4.10%
BCH $211.27 -2.27%
LINK $8.51 -1.36%
HYPE $58.66 -0.85%
AAVE $95.87 -1.33%
SUI $0.7332 -4.95%
XLM $0.1829 -1.10%
ZEC $507.63 -1.64%

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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