James Fickel, ๐ณ the guy behind the Amaranth Foundation, just made a huge move. ๐ฆ๐ฅ
He dumped a whopping $26 million worth of $ETH for $BTC in a matter of hours! Apparently, he was trying to pay back a massive loan he took out on $AAVE . ๐ค
This dude was all-in on ETH, especially after that #BitcoinETFs! news, but it looks like he's changing his tune. With a $38.5 million estimated loss on his current position, it's clear things aren't going his way. ๐คฎ
This is gonna be interesting to watch! ๐ DYOR!
Credit: SpotOnChain ๐