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Bullish on the ETH/BTC exchange rate, James Fickel sold 7600 ETH for 299.8 WBTC as repayment six hours ago

Bullish on the ETH/BTC exchange rate, James Fickel sold 7600 ETH for 299.8 WBTC as repayment six hours ago

Bitget2024/09/16 01:49

According to on-chain analyst Yu Jin, ETH/BTC bull James Fickel sold another 7600 ETH for 299.8 WBTC (worth about $18 million) six hours ago to reduce his position. Since he started reducing his holdings and setting stop losses on August 11th, he has cumulatively sold 23,600 ETH for 970.5 WBTC (approximately $18 million) to repay loans on Aave. He is still the largest ETH/BTC bull on the chain with an outstanding WBTC loan of 1,896 coins (about $110.93 million).

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