James Fickel Converts ETH to WBTC Amid Debt Repayment

12/24/2024 1:33:20 AM

According to Lookonchain, James Fickel has exchanged 6,500 ETH for 236 WBTC as the ETH/BTC rate rebounded, to repay part of his debts. Despite this transaction, he still owes 575.3 WBTC, equivalent to $54.36 million, on the Aave platform. Fickel has incurred significant losses, amounting to approximately 21,967 ETH or $76.45 million, from his long position on the ETH/BTC rate. (Source)

Aave ETH WBTC James Fickel

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