According to on-chain analyst Yu Jin's monitoring, ETH/BTC long position holder James Fickel has continued to reduce his ETH/BTC long position over the past 30 hours: selling 10,000 ETH ($33.57 million) in exchange for 348.3 WBTC to pay down his position. This previously largest ETH/BTC long position on-chain is now almost cleared: only 227 WBTC ($21.76 million) in loans remain, and after one or two more sales, it can be completely closed. Currently, it is estimated that his loss on the ETH/BTC long position is close to $70 million (20,665 ETH).