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ETH/BTC bullish investor James Fickel once again sells ETH for WBTC to repay loans
2024.09.07 - 00:52
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7x24h News
ETH/BTC bullish investor James Fickel once again sells ETH for WBTC to repay loans
At his peak, he borrowed and sold up to 2,981 WBTC at the end of May, and now holds 2,316 WBTC.
2024.09.07 - 00:52:51
Navigating Web3 tides with focused insightsTechFlow reports, according to on-chain data analyst Yu Jin, James Fickel, a staunch ETH/BTC ratio "long believer," sold another 3,000 ETH after last night's price drop, converting them into 124 WBTC to repay loans.
Currently, Fickel's long position on the ETH/BTC ratio has significantly deteriorated as the ETH/BTC ratio continues to decline. At its peak in late May, he had borrowed and sold up to 2,981 WBTC; this amount now stands at 2,316 WBTC.
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