According to BlockBeats, on-chain analyst Embers monitoring showed that ETH/BTC exchange rate bull James Fickel began buying ETH and WBTC in batches on the evening of August 6 after the market fell on August 5.
He spent a total of 46.49 million USDC in two days, of which 34.49 million USDC was used to buy 13,676 ETH at an average price of US$2,522; and 12 million USDC was used to buy 211 WBTC at an average price of US$56,824.
