Golden Finance reports that on-chain analyst Yu Jin has monitored that ETH/BTC long trader James Fickel continued to reduce his ETH/BTC long position 2 hours ago: selling 6,500 ETH (22.24 million USD) in exchange for 235.6 WBTC to repay and reduce his position. James Fickel's peak ETH/BTC long position was at the end of May, when he borrowed a total of 2,987 WBTC (204.7 million USD) from Aave, and the borrowed WBTC was converted to ETH at an average rate of 0.054. Later, as the ETH/BTC exchange rate continued to decline, James Fickel began to reduce his position in August: redeeming ETH in batches and selling it to convert to WBTC for repayment. So far, over the past four and a half months, he has sold 59,500 ETH in exchange for 2398.2 WBTC to repay and reduce his position, with an average exchange rate of 0.04. His current ETH/BTC long position still has a loan of 575.3 WBTC.

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