According to TechFlow, according to Ember's monitoring, ETH/BTC exchange rate long trader James Fickel continued to reduce his position to stop loss last night, selling 11,535 ETH (worth about 27.06 million US dollars) and exchanging them for 449.5 WBTC to repay and reduce his position.
Since he began reducing his holdings on August 11, Fickel has sold a total of 38,685 ETH (worth approximately US$93.8 million) in exchange for 1,557.8 WBTC to repay his loans on the Aave platform.
At its peak, Fickel borrowed 2,865 WBTC (about $172 million) on Aave. Currently, he has 1,308.8 WBTC (about $78.71 million) outstanding. In 37 days, Fickel has reduced his long position on the ETH/BTC exchange rate by more than half.
