Bullish on the ETH/BTC exchange rate, James Fickel has spent 46.49 million USDC to buy ETH and WBTC since the evening of August 6th

According to on-chain analysts, ETH/BTC bull James Fickel spent 46.49 million USDC to buy ETH and WBTC within two days after the market fell on August 5th. After the market drop on August 5th, he started buying batches of ETH and WBTC on-chain from the evening of August 6th. So far in just over two days, he has:

· Spent 34.49 million USDC to buy 13,676 ETH at an average price of $2,522;

· Spent 12 million USDC to buy 211 WBTC at an average price of $56,824.