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ETH/BTC exchange rate 'dead longs' James Fickel sells ETH again to repay loans by exchanging it for WBTC.
Odaily Planet Daily news on-chain data analyst Yu Jin monitoring pointed out that ETH/BTC Exchange Rate ‘dead longs’ James Fickel sold another 3000 ETH after last night’s drop and exchanged it for 124 WBTC to repay the loan. Currently, Fickel’s ETH/BTC Exchange Rate for long positions has significantly decreased as the ETH/BTC Exchange Rate continues to decline. At its peak, he borrowed and sold 2981 WBTC at the end of May, and now it’s down to 2316 WBTC.