According to Odaily, on-chain data analyst Yu Jin has reported that ETH/BTC exchange rate 'bull' James Fickel sold 3000 ETH following last night's decline. The sale was converted into 124 WBTC to repay loans. Currently, Fickel's long position on the ETH/BTC exchange rate has significantly depreciated as the rate continues to fall. At its peak in late May, he borrowed and sold as much as 2981 WBTC, which has now decreased to 2316 WBTC.
ETH/BTC Exchange Rate Analyst Sells 3000 ETH Amid Decline
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