PANews reported on October 25 that according to the monitoring of on-chain analyst Ember, the ETH/BTC exchange rate continued to fall and has now fallen to 0.0371. James Fickel, the largest ETH/BTC long on the chain, reduced his position again 4 hours ago, selling 2,418 ETH (about 6.13 million US dollars) and replacing it with 90 WBTC for repayment to reduce position risk.
It is reported that James Fickel currently still holds a loan position of 1,116 WBTC (about US$75.77 million).