According to Wu's report, Spot On Chain monitoring shows that ETH/BTC bull James Fickel has exchanged 3,500 ETH (approximately $12.1 million) for 122.67 WBTC in the past 6 hours. Over the past 2 days, he has exchanged a total of 10,000 ETH (approximately $34.6 million) for 358.3 WBTC at an ETH/BTC exchange rate of 0.0358, in order to reduce his debt exposure on the Aave protocol, where his current debt is approximately 452.6 WBTC (around $45 million).