đ Crypto millionaire James Fickle just added $43.7M to his debt after some ambitious (and hilariously unsuccessful) Ether bets against Bitcoin! đ
1/ Fickle borrowed 3,061 WBTC (~$172M) to bet on ETH's rise. Spoiler: It didn't go well. By August, he tried to fix things by buying more WBTC, but nope, more losses!
2/ The ETH/BTC ratio dropped 22% in 2024, hitting a low of 0.04057. Bitcoin ETFs are the new cool kids, leaving Ether in the dust.
3/ Despite the chaos, Fickle still holds nearly $400M in crypto. But with $132M owed, he's got a long road ahead.
Thoughts? Drop them in the comments! đŹ
