According to Mars Finance, according to the monitoring of on-chain analyst Ember, ETH/BTC exchange rate bull James Fickel continued to reduce his position last night to stop loss: he sold 11,535 ETH (US$27.06 million) in exchange for 449.5 WBTC to repay and reduce his position. Since he started reducing his position on August 11, he has sold a total of 38,685 ETH (US$93.8 million) in exchange for 1,557.8 WBTC to repay his loans on Aave. At the peak, his WBTC loans on Aave were as high as 2,865 (US$172 million), and there are still 1,308.8 (US$78.71 million) loans that have not been repaid. In 37 days, he has reduced his ETH/BTC exchange rate long by more than half.
Data: James Fickel has sold 38,685 ETH in exchange for WBTC to repay Aave loans since August 11
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