According to on-chain data analyst Ember, the ETH/BTC exchange rate "dead long" James Fickel sold another 3,000 ETH for 124 WBTC after last night's decline to repay the loan. His long position in the ETH/BTC exchange rate has been reduced a lot as the ETH/BTC exchange rate continues to decline: at its peak, he borrowed and sold 2,981 WBTC at the end of May, and now it is 2,316.