#JamesFickel is not feeling the $ETH love anymore! đ
The Amaranth Foundation founder has just sold another 3,550 WETH for 137.754 WBTC. That's an ETH/BTC exchange rate of 0.0388, which is the lowest it's been since April 2021! đ
This ex-ETH/BTC permabull has now exchanged a total of 11,150 ETH ($26.1 million) back to WBTC in the past 9 hours. đ
Overall, since August 7, Fickel has exchanged:
â¶ïž 12 million USDC for 211.18 $WBTC
â¶ïž 27,150 ETH for 1,108 #WBTC
That's a total of $65.9 million worth of ETH and USDC swapped for WBTC! đ°
Current debt: 1,758 WBTC ($102.5 million). đž Is Fickel losing faith in ETH? đ€ Or is he just playing the arbitrage game? Let's see how this story unfolds! đż DYOR! #WhaleAlert
Source: SpotOnChain