ETH/BTC Bull Tycoon Fickel Stops Loss and Exits!

Massive Loss Exposed!

On-chain data analyst monitoring reveals that ETH/BTC rate bull general James Fickel has finally declared the end of his long position campaign!

Just a few hours ago, he resolutely sold 6,429 ETH (worth about $21.45 million), completely exchanging it for 227 WBTC, and paid off all WBTC debts in one go!

Looking back over the year, Fickel borrowed 2,987 WBTC through Aave at a rate of 0.054, converting it into 55,315 ETH, swearing to long the ETH/BTC rate.

However, the world is unpredictable! Since August, he began to continuously sell ETH, struggling to buy back 2,987 WBTC at a rate of 0.0393 for repayment. In the end, it was calculated that he actually spent 75,947 ETH! In this campaign, Fickel suffered a total loss of up to $6.884 million.

In short, every transaction is a game of human nature. Fickel's stop-loss exit—was it ruthless market behavior or a strategic misstep? Let us reflect together and continue moving forward! Follow me for daily shares of what you want to know!