James Fickel lost 24,400 ETH by going long on ETH/BTC
Lookonchain monitoring shows that as the ETH/BTC exchange rate falls, James Fickel exchanged 2,000 ETH ($6.13 million) for 67.39 WBTC to repay debts. James Fickel still owes 843.4 WBTC ($77 million) on Aave. He lost 24,400 ETH ($76.45 million) due to the long position of the ETH/BTC exchange rate.
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.
You may also like
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Crypto Loan Carnival round 26: Borrow USDT, USDC to enjoy an APR discount of up to 40%
Announcement on the increase of borrowing limit coefficients for Bitget spot margin VIP levels
Bitget x DGRAM Carnival: Grab a share of 49,500,000 DGRAM
Trending news
MoreCrypto prices
More
