An ETH/BTC exchange rate long sold another 7,600 ETH for 299.8 WBTC 6 hours ago to repay and reduce the position
According to on-chain analyst Ember, ETH/BTC exchange rate bull James Fickel sold another 7,600 ETH for 299.8 WBTC ($18 million) repayment 6 hours ago to reduce his position.
He has sold a total of 23,600 ETH for 970.5 WBTC (18 million USD) to repay the loan on Aave since the start of the write-down stop on 8/11.
He is still the largest ETH/BTC long on the chain, with 1,896 outstanding WBTC borrowings ($110.93 million).