ETH/BTC "dead bulls" collapsed! James Fickel's bloody lesson frightened the market!

The ETH/BTC exchange rate continued to fall, and the legendary "dead bull" James Fickel once again staged a high-leverage tragedy: 2,000 ETH (worth about $6.24 million) was exchanged for 67.39 WBTC to repay debts. But this is just the tip of the iceberg. He still owes 843.4 WBTC (about $77 million) on Aave, and has accumulated a loss of 24,400 ETH (about $76.45 million) due to bullish ETH/BTC exchange rates!

This is not an ordinary failure, this is the last leg of the leveraged bulls! He bet on the future of the ETH/BTC ratio, but lost the unlimited selling pressure of ETH! In the currency circle, faith is indestructible, but misplaced faith will only become a joke in the market.

James Fickel's experience once again warns us: Don't fight the trend! Before every leverage advance, you have to think clearly: Can you withstand the storm overnight?

Market lessons are constantly escalating, profits depend on operations, and survival depends on awareness. Lao Chen is here to help you understand the risks, and taking every step carefully is the kingly way!

#ETH🔥🔥🔥🔥 #WBTC #市场回调，观望还是上车？ #BTC连续破新高，你看到多少？ #stETH $BTC $ETH $SOL