Crypto millionaire James Fickel has lost more than $43 million since January 10, as his debt on decentralized platform Aave has grown to $132 million.

- Fickel, an early Ethereum investor, bet on the price of ETH rising against BTC, but his strategy has backfired.

- Since the beginning of 2024, the price of ETH has fallen more than 24% against BTC.

- Ether ETFs continue to lose money, with over $2.7 billion in outflows.

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