ETH/BTC Longs Sell 15,000 ETH in Past Month, Swap for 630.5 WBTC to Repay Loans
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September 13, 2024
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According to Mars Finance, on September 13th, EmberCN reported that ETH/BTC long-term holder James Fickel has sold 15,000 ETH in the past month since starting to reduce his position and stop losses on August 11th. He exchanged these ETH for 630.5 WBTC (approximately $36.57 million) at a rate of 0.042 to repay loans. Even so, he remains the largest on-chain ETH/BTC long-term holder, with outstanding WBTC loans totaling 2,235.9 (approximately $130 million).
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