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BTC $77,125.61 -1.71%
ETH $2,238.48 -0.21%
BNB $701.96 -2.08%
XRP $1.24 -1.08%
SOL $96.00 -1.92%
TRX $0.3242 -4.72%
DOGE $0.0752 -1.43%
ADA $0.1928 -0.75%
BCH $289.49 +1.85%
LINK $11.43 +2.88%
HYPE $88.38 -5.12%
AAVE $129.85 +2.85%
SUI $0.8950 -0.50%
XLM $0.1689 +1.00%
ZEC $1,257.17 -1.08%
AAPL $345.58 -1.42%
AMZN $240.84 +5.99%
GOOGL $281.51 -0.27%
MSFT $524.95 -0.32%
META $614.72 -0.92%
NVDA $204.66 -2.33%
TSLA $400.34 +0.82%
SNDK $1,155.77 -11.65%
INTC $64.90 -8.99%
SPCX $137.05 -2.66%
MU $902.32 -0.56%
AMD $510.95 -4.15%

Data: ETH/BTC exchange rate bull James Fickel sold 6,429 ETH 4 hours ago

2024-12-28 09:59:35

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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