According to on-chain analyst Ember, ETH/BTC exchange rate bull James Fickel spent 46.49 million USDC buying ETH and WBTC in 2 days since the market fell on August 5. After the market fell on August 5, he began buying ETH and WBTC in batches on the chain on the evening of August 6. So far, in just over two days, he has: 34.49 million USDC buys 13,676 ETH at an average price of $2,522; 12 million USDC bought 211 WBTC at an average price of $56,824.