TechFlow news, according to Etherscan monitoring, James Fickel, the long-term bull on the ETH/BTC exchange rate who has been stuck in losses for months, has finally turned a profit: his long position on the ETH/BTC rate is now up $8.06M (4%).
Since early January this year, he has cumulatively borrowed 2,981 WBTC ($204M) from Aave, selling them for 55,015 ETH to go long on the ETH/BTC exchange rate, at an average cost of 0.0541.
The current ETH/BTC exchange rate has rebounded to 0.0563, giving him a floating profit of $8.06M (4%).




