PANews reported on December 26 that according to SpotOnChain monitoring, about 6 hours ago, ETH/BTC exchange rate bull James Fickel once again exchanged 3,500 ETH (US$12.1 million) for 122.67 WBTC.

Overall, over the past 2 days, he exchanged 10,000 ETH ($34.6 million) for 358.3 WBTC at an ETH/BTC rate of 0.0358, likely in an effort to reduce his debt on Aave to 452.6 WBTC ($45 million).