According to on-chain analyst Ember, ETH/BTC exchange rate long James Fickel continued to reduce his ETH/BTC exchange rate long position 2 hours ago: Sell 6500 ETH (22.24 million USD) for 235.6 WBTC repayment reduction. The peak of James Fickel's ETH/BTC long position was at the end of May, when he lent 2,987 WBTC ($204.70 million) at Aave, and the lent WBTC bought ETH at an average exchange rate of 0.054. Later, as the ETH/BTC exchange rate fell all the way, James Fickel began to reduce his position in August: redeem ETH in batches and sell it for WBTC repayment. So far, in four and a half months, he has sold 59,500 ETH for 2398.2 WBTC repayment to reduce his position, and the average exchange rate sold is 0.04. His ETH/BTC exchange rate long position currently has 575.3 WBTC borrowings