James Fickel lost 24,400 ETH by going long on the ETH/BTC exchange rate
2024-11-16 03:57:28
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According to Lookonchain, as the ETH/BTC exchange rate fell, James Fickel exchanged 2,000 ETH ($6.13 million) for 67.39 WBTC to pay off his debt. James Fickel still owes 843.4 WBTC ($77 million) on Aave. He lost 24,400 ETH ($76.45 million) by going long the ETH/BTC exchange rate.
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