TechFlow reports, according to on-chain analyst EJ's monitoring, an Arkham-identified address linked to James Fickel has borrowed a total of 581.3 WBTC (27.05 million USD) from Aave within the past 24 hours, which was then sold and converted into 10,954 ETH to go long on the ETH/BTC exchange rate.
He withdrew 35,000 ETH ($90M) from Coinbase Prime → swapped into stETH → deposited into Aave → borrowed 581.3 WBTC ($27.05M), sold it into 10,954 ETH → continued depositing into Aave.




