James Fickel spent another 10 million USDC to buy 3042.8 ETH 40 minutes ago
By:Cointime
James Fickel spent another 10 million USDC to buy 3042.8 ETH 40 minutes ago, with an average price of $3,286. He also borrowed 20 WBTC from Aave and is expected to continue selling the borrowed WBTC for ETH to long the ETH/BTC exchange rate. From January to now, he has borrowed a total of 2,301 WBTC ($145M) from Aave and sold them for 41,944 ETH. The cost of the ETH/BTC exchange rate is about 0.055, and since yesterday, the ETH/BTC exchange rate has rebounded from 0.049 to 0.052.
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