According to Foresight News, Twitter user Yu Jin's monitoring shows that long position James Fickel has reduced his holdings in the past 30 hours, selling 10,000 ETH for 348.3 WBTC to repay and reduce his position.
As of the time of publication, Fickel has only 227 WBTC borrowed left, and the expected loss on his long position in ETH/BTC is close to 70 million dollars.
