{"id":3866,"date":"2024-12-24T09:17:00","date_gmt":"2024-12-24T01:17:00","guid":{"rendered":"http:\/\/www.tocoin.com\/?p=3866"},"modified":"2024-12-24T20:30:08","modified_gmt":"2024-12-24T12:30:08","slug":"eth-btc-exchange-rate-long-james-fickel-sold-6500-eth-in-exchange-for-235-6-wbtc-to-repay-and-reduce-his-position","status":"publish","type":"post","link":"http:\/\/tocoin.com\/index.php\/2024\/12\/24\/09\/17\/00\/3866\/","title":{"rendered":"ETH\/BTC exchange rate long James Fickel sold 6500 ETH in exchange for 235.6 WBTC to repay and reduce his position"},"content":{"rendered":"\n<p>According to Chainalysis analyst Yu Jin, James Fickel, a long position holder in the ETH\/BTC exchange rate, continued to reduce his long position in the ETH\/BTC exchange rate two hours ago: he sold 6,500 ETH (22.24 million US dollars) and exchanged it for 235.6 WBTC for repayment and reduction of positions.<\/p>\n\n\n\n<p>James Fickel&#8217;s peak long position in the ETH\/BTC exchange rate was at the end of May, when he borrowed 2,987 WBTC (204.7 million US dollars) from Aave and bought ETH at an average rate of 0.054.<\/p>\n\n\n\n<p>Later, as the ETH\/BTC exchange rate continued to fall, James Fickel began to reduce his position from August: he redeemed ETH in batches and sold it for WBTC for repayment.<\/p>\n\n\n\n<p>So far, in the four and a half months, he has sold 59,500 ETH and exchanged it for 2,398.2 WBTC for repayment and reduction of positions, with an average exchange rate of 0.04.<\/p>\n\n\n\n<p>His long position in the ETH\/BTC exchange rate currently has a loan of 575.3 WBTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Chainalysis analyst Yu Jin, James Fickel,  [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/3866"}],"collection":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/comments?post=3866"}],"version-history":[{"count":1,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/3866\/revisions"}],"predecessor-version":[{"id":3884,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/3866\/revisions\/3884"}],"wp:attachment":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/media?parent=3866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/categories?post=3866"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/tags?post=3866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}