ETH/BTC exchange rate 'dead long' James Fickel sells ETH again to exchange for WBTC to repay loans
According to BlockBeats news, on September 7th, according to on chain data analyst Yu Jin's monitoring, James Fickel, the "dead long" of ETH/BTC exchange rate, sold 3000 ETH for 124 WBTC to repay the loan after last night's decline. His long position in the ETH/BTC exchange rate has been reduced significantly as the ETH/BTC exchange rate continues to decline. At its peak, he borrowed and sold 2981 WBTCs at the end of May, and now stands at 2316.