On-chain analyst Amber CN reported via X that the ETH/BTC ratio, which represents the price of ETH relative to BTC, has reached 0.0377, the lowest level since April 2021. The founder of the Amaranth Foundation, the largest ETH/BTC long position whale, James Fickel, is estimated to have sold 2,000 ETH (around $5.06 million) 7 hours ago and converted it to 76 WBTC, reducing his position. He has been reducing his position since August. Over the past 2 months, he has sold 43,600 ETH and converted it to 1,766 WBTC.
ETH/BTC Long Position #1 Whale Sells 2000 ETH
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
