Data: ETH/BTC exchange rate "dead bull" James Fickel has once again sold ETH for WBTC to repay a loan
On-chain data analyst Yujin pointed out that after the drop last night, ETH/BTC "dead bull" James Fickel sold another 3000 ETH and exchanged it for 124 WBTC to repay his loan.
Currently, as the ETH/BTC exchange rate continues to decline, Fickel's long position in the ETH/BTC exchange rate has significantly depreciated. At its peak, he borrowed and sold up to 2981 WBTC at the end of May, which is now down to 2316.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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