
May 23, 2024
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James Fickel bought more ETH ahead of final ruling on Ethereum ETF
Inflow
Related addresses
Total tokens transferred

3.737K
ETH

10.092M
USDC

59
WBTC
James Fickel just further swapped 10.092M USDC and 60 WBTC for 3,737 ETH ($14.26M) at $3,816 on average:
Overall, in the past 3 days, the founder of Amaranth Foundation has bought 15,589 ETH using 450 WBTC and 26.1M USDC (estimated total cost: $57.44M) at an average price of $3,685. He then supplied these ETH tokens to Aave to expand his long position on the ETH/BTC trading pair.
James Fickel may continue to buy more ETH by borrowing WBTC from Aave and exchanging it for ETH.
Note that today is the deadline for the SEC’s final ruling on the Vaneck Ethereum ETFs!
Fig 1. James Fickel has bought 15,589 ETH using $57.44M worth of WBTC and USDC in the past 3 days.