$BTC
ETH/BTC bull big shot Fickel stops loss and exits!
Massive loss exposed!
On-chain data analysts monitor, ETH/BTC exchange rate bull general James Fickel has finally announced the end of his bullish campaign!
Just a few hours ago, he resolutely sold 6,429 ETH (worth about 21.45 million USD), converting it all into 227 WBTC, and cleared all WBTC debts in one go!
Looking back over the year, Fickel borrowed 2,987 WBTC through Aave at an exchange rate of 0.054, converting it to 55,315 ETH, vowing to be bullish on the ETH/BTC exchange rate.
However, the world is unpredictable! Since August, he has continuously sold ETH, struggling to buy back 2,987 WBTC at an exchange rate of 0.0393 to repay, and ultimately, it was found that he had spent 75,947 ETH! In this battle, Fickel incurred a total loss of up to 68.84 million USD.
In summary, every transaction is a game of human nature. Fickel's stop loss and exit – is it the market's ruthlessness or a strategic mistake? Let us reflect together and continue moving forward!
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