Since he started reducing his position and stopping losses on 8/11, ETH/BTC exchange rate long James Fickel has sold 15,000 ETH in exchange for 630.5 WBTC ($36.57M) in the past month to repay his loan and reduce his position. The selling rate is 0.042.

Is James Fickel, a die-hard bull on the ETH/BTC exchange rate, also going to admit defeat and stop loss? In the past 5 hours, he sold 10,000 ETH in exchange for 425.75 WBTC ($26M) to repay his loan to reduce his ETH/BTC exchange rate long position.

He borrowed WBTC from Aave from January to July this year and sold it for ETH to go long on the ETH/BTC exchange rate. His ETH/BTC exchange rate cost was around 0.054.

After partially reducing his position today, his ETH/BTC exchange rate long position is still very large: there is still a loan of 2438.5 WBTC ($148M).

Address: 0xd85351181b3f264ee0fdfa94518464d7c3defada