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Token ETH
Token WBTC
Token WETH

3 days

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James Fickel further reduced his ETH/BTC position as rate dropped to new low

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Total tokens transferred

Token WETH

3.55K

WETH

Token WBTC

137.754

WBTC

James Fickel (Amaranth Foundation founder) just further sold 3,550 WETH for 137.754 WBTC at an ETH/BTC exchange rate of 0.0388:

 

In total, this ex-ETH/BTC permabull has further exchanged 11,150 ETH ($26.1M) back to 437.6 WBTC at a rate of 0.039 in the past 9 hours, as the ETH/BTC rate fell below 0.04 for the first time since April 2021!

 

Overall, since August 7, James Fickel has exchanged 12M USDC for 211.18 WBTC and 27,150 ETH back to 1,108 WBTC ($65.9M) at an exchange rate of 0.041 to repay the debt on Aave, and currently still has 1,758 WBTC ($102.5M) borrowed!

 

Fig 1. The overall WBTC trading history of James Fickel (Amaranth Foundation founder).

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