James Fickel Reduces ETH/BTC Long Position by Swapping ETH for WBTC

12/24/2024 2:20:29 AM

According to Spot On Chain, James Fickel has recently swapped 6,500 ETH, valued at $22.4 million, for 235.6 WBTC in an effort to reduce his ETH/BTC long position. Despite this move, Fickel still holds a significant debt of 575.29 WBTC, equivalent to $54.2 million, on the Aave platform. Over time, he has incurred a loss of approximately 22,000 ETH, now valued at $74.3 million, due to his long position on the ETH/BTC rate. Traders are encouraged to follow Spot On Chain and set alerts for any future movements by James Fickel in the ETH/BTC market. (Source)

Aave ETH WBTC ETH/BTC James Fickel

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