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余烬Ember
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Famous ETH/BTC long trader James Fickel continued to reduce his ETH/BTC long position 2 hours ago:
Sold 6,500 ETH ($22.24M) for 235.6 WBTC to pay down his position.
◎ James Fickel's peak ETH/BTC long position was at the end of May when he borrowed a total of 2,987 WBTC ($204.7M) from Aave, purchasing ETH with the borrowed WBTC at an average rate of 0.054.
◎ Later, as the ETH/BTC exchange rate fell, James Fickel started to reduce his position from August onward: gradually redeeming ETH and selling it for WBTC to pay down his borrowing.
In the past four and a half months, he has sold 59,500 ETH for 2,398.2 WBTC to pay down his position, with an average selling rate of 0.04.
◎ He currently has a borrowing of 575.3 WBTC in his ETH/BTC long position.
Address: 0xd85351181b3f264ee0fdfa94518464d7c3defada
Sold 6,500 ETH ($22.24M) for 235.6 WBTC to pay down his position.
◎ James Fickel's peak ETH/BTC long position was at the end of May when he borrowed a total of 2,987 WBTC ($204.7M) from Aave, purchasing ETH with the borrowed WBTC at an average rate of 0.054.
◎ Later, as the ETH/BTC exchange rate fell, James Fickel started to reduce his position from August onward: gradually redeeming ETH and selling it for WBTC to pay down his borrowing.
In the past four and a half months, he has sold 59,500 ETH for 2,398.2 WBTC to pay down his position, with an average selling rate of 0.04.
◎ He currently has a borrowing of 575.3 WBTC in his ETH/BTC long position.
Address: 0xd85351181b3f264ee0fdfa94518464d7c3defada
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