【Blockchain News】💡

According to Lookonchain monitoring, James Fickel lost about 18,000 ETH (US$43.7 million) due to long BTC/ETH trading pairs. From January 10 to July 1, he borrowed 3,061 WBTC (US$172 million) from Aave and exchanged it for 56,445 ETH at an exchange rate of 0.05424. Starting from August 7, he used 12 million USDC to buy 211 WBTC and exchanged 16,000 ETH for 671 WBTC (US$39.9 million) at a price of US$0.042 to repay Aave's debt. Currently, he still has 2,196 WBTC (US$132 million) in debt on Aave, with a total loss of about 18,000 ETH.

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