ETH/BTC Exchange Rate Bull James Fickel Buys 4,947 ETH Again 2 Hours Ago
PANews reported on May 22 that according to on-chain analyst Ember's monitoring, Amaranth Foundation founder James Fickel has finally broken even after four months of going long on the ETH/BTC exchange rate: 2 hours ago, ETH/BTC exchange rate bull James Fickel continued to use 16 million USDC + 40 WBTC to buy 4,947 ETH (18.8 million USD) at an average price of 3,801 USD.
Since the beginning of January this year, he has borrowed a total of 2,781 WBTC (195 million USD) from Aave to sell and convert into 51,429 ETH to go long on the ETH/BTC exchange rate, with an ETH/BTC exchange rate cost of 0.054. Currently, the ETH/BTC exchange rate has returned to 0.054, which means his long position on the ETH/BTC exchange rate has finally broken even.
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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