The ETH/BTC exchange rate fell below the 0.04 mark, hitting a new low since April 2021
According to on-chain analyst @ai_9684xtpa's monitoring, the ETH/BTC exchange rate has fallen below the 0.04 mark, currently at 0.03874, reaching a new low since April 2021. The staunch long ETH/BTC exchange rate bull James Fickel has again sold 5,600 ETH (worth approximately $13.3 million) in the past 8 hours to reduce liquidation risk. He currently holds 153,868 stETH and has borrowed 1,896 WBTC, with a health factor of 2.56.
