James Fickel Swapped 15,000 ETH for 630.5 WBTC in One Month to Repay Loan
Article is form Jinse
September 13, 2024
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According to Golden Finance, on-chain analyst Ember has observed that ETH/BTC long-term holder James Fickel has sold 15,000 ETH for 630.5 WBTC ($36.57 million) over the past month, starting from August 11th, to cover loans and reduce his position. The selling rate was 0.042.
Despite this, Fickel remains the largest ETH/BTC long on-chain, with outstanding WBTC loans still amounting to 2,235.9 (worth $129.79 million).
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