According to Jinse Finance, according to the monitoring of on-chain analyst Ember, James Fickel spent 10 million USDC to buy 3042.8 ETH 40 minutes ago, with an average price of $3,286, and borrowed 20 WBTC from Aave. It is expected that the borrowed WBTC will continue to be sold for ETH to go long on the ETH/BTC exchange rate. From the beginning of January this year to date, James Fickel has borrowed a total of 2,301 WBTC (US$145 million) from Aave and then sold them for 41,944 ETH. The ETH/BTC exchange rate cost is about 0.055. Since yesterday, the ETH/BTC exchange rate has rebounded from 0.049 to 0.052.