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BTC $59,273.12 -1.44%
ETH $1,581.27 +0.12%
BNB $549.09 -0.89%
XRP $1.04 -1.09%
SOL $73.56 +0.31%
TRX $0.3175 -1.77%
DOGE $0.0723 -0.85%
ADA $0.1447 -0.49%
BCH $201.24 +2.18%
LINK $7.27 -0.97%
HYPE $65.23 +2.62%
AAVE $89.33 -2.88%
SUI $0.6923 -0.19%
XLM $0.1776 +2.68%
ZEC $392.11 +1.70%

Data: Amaranth Foundation founder James Fickel has bought 4,947 ETH again, worth approximately 18.8 million USD

2024-05-22 09:32:12
Collection

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, Amaranth Foundation founder James Fickel's long position on the ETH/BTC exchange rate has finally broken even after four months: 2 hours ago, the long position holder James Fickel continued to use 16 million USDC + 40 WBTC to buy 4,947 ETH (18.8 million USD), at an average price of 3,801 USD.

Since the beginning of January this year, he has borrowed a total of 2,781 WBTC (195 million USD) from Aave and sold it to exchange for 51,429 ETH to go long on the ETH/BTC exchange rate, with a cost basis of 0.054 for the ETH/BTC exchange rate. Currently, the ETH/BTC exchange rate has returned to 0.054, which means his long position on the ETH/BTC exchange rate has finally broken even.

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