BTC $79,124.56 +1.12%
ETH $2,505.80 +1.26%
BNB $744.51 -0.71%
XRP $1.43 +1.74%
SOL $104.02 +1.13%
TRX $0.3385 -0.19%
DOGE $0.0902 +0.98%
ADA $0.2190 -0.35%
BCH $258.14 +0.95%
LINK $12.11 -3.14%
HYPE $86.41 +3.44%
AAVE $130.16 +1.09%
SUI $0.8103 +0.04%
XLM $0.1882 -0.34%
ZEC $1,283.26 +10.28%
BTC $79,124.56 +1.12%
ETH $2,505.80 +1.26%
BNB $744.51 -0.71%
XRP $1.43 +1.74%
SOL $104.02 +1.13%
TRX $0.3385 -0.19%
DOGE $0.0902 +0.98%
ADA $0.2190 -0.35%
BCH $258.14 +0.95%
LINK $12.11 -3.14%
HYPE $86.41 +3.44%
AAVE $130.16 +1.09%
SUI $0.8103 +0.04%
XLM $0.1882 -0.34%
ZEC $1,283.26 +10.28%

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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