According to BlockBeats, on August 11, according to Ember monitoring, ETH/BTC exchange rate die-hard bull James Fickel began to admit defeat and stop loss. In the past 5 hours, the whale sold 10,000 ETH in exchange for 425.75 WBTC (26 million US dollars) to repay the loan to reduce his ETH/BTC exchange rate long position.
The whale borrowed WBTC from Aave from January to July this year and then sold it for ETH to go long on the ETH/BTC exchange rate, with the cost of the ETH/BTC exchange rate being around 0.054. After partially reducing its position today, its ETH/BTC exchange rate long position still has 2438.5 WBTC (US$148 million) in borrowings.
