CoinVoice has recently learned that according to on-chain analyst Ember’s monitoring, ETH/BTC exchange rate bull James Fickel continued to reduce his position to stop loss last night: he sold 11,535 ETH (US$27.06 million) in exchange for 449.5 WBTC to repay and reduce his position.

Since he started reducing his positions on August 11, he has sold a total of 38,685 ETH (US$93.8 million) in exchange for 1,557.8 WBTC to repay his loans on Aave.

At the peak, he borrowed 2,865 WBTC (US$172 million) on Aave, and currently has 1,308.8 WBTC (US$78.71 million) outstanding. In 37 days, he has reduced his long position in the ETH/BTC exchange rate by more than half. [Original link]