Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, the famous ETH/BTC long position holder James Fickel reduced his ETH/BTC long position 2 hours ago: selling 6,500 ETH (22.24 million USD) for 235.6 WBTC to repay and reduce his position. ◎ James Fickel's ETH/BTC long position peaked at the end of May, when he borrowed a total of 2,987 WBTC (204.7 million USD) from Aave, buying ETH at an average exchange rate of 0.054. ◎ Later, as the ETH/BTC exchange rate continued to decline, James Fickel began to reduce his position starting in August: he gradually redeemed ETH and sold it for WBTC to repay. Over the past four and a half months, he has already sold 59,500 ETH for 2,398.2 WBTC to repay and reduce his position, with an average selling exchange rate of 0.04. ◎ He currently has 575.3 WBTC in borrowed funds in his ETH/BTC long position.

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