Data: ETH/BTC Exchange Rate "Dead Bull" James Fickel Sells ETH for WBTC Again to Repay Loans
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September 7, 2024
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According to ChainCatcher, on-chain data analyst Ember monitored that "dead bull" James Fickel sold another 3,000 ETH and swapped it for 124 WBTC to repay a loan after the decline last night.
Currently, Fickel's ETH/BTC long position has significantly depreciated as the ETH/BTC rate continues to decline. At its peak, he borrowed and sold 2,981 WBTC in late May, now down to 2,316.
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