According to Foresight News, Twitter user Ember's monitoring showed that ETH/BTC exchange rate bull James Fickel reduced his position in the past 30 hours, selling 10,000 ETH in exchange for 348.3 WBTC to repay and reduce his position.
As of the time of writing, Fickel has only 227 WBTC left on loan, and his estimated losses on the long ETH/BTC exchange rate are close to $70 million.
