James Fickel sold 7,600 ETH 6 hours ago and exchanged for 299.8 WBTC to repay and reduce his position
Foresight News reported that according to on-chain analyst Yujin's monitoring, James Fickel sold 7,600 ETH for 299.8 WBTC (approximately $18 million) 6 hours ago to repay and reduce his position. Since he started reducing his position and taking profits on August 11, he has cumulatively sold 23,600 ETH for 970.5 WBTC (approximately $56.8 million) to repay his borrowings on Aave. Currently, he is still the largest ETH/BTC rate long on the chain, and he still has 1,896 WBTC (worth approximately $110 million) in unpaid borrowings.