Home > Quick > Body

The founder of Amaranth Foundation spent 5 million USDC to buy 1,697 ETH 7 hours ago

clock
2024-05-02 01:58:05
According to on-chain analyst Ember, Amaranth Foundation founder James Fickel continued to spend 5 million USDC to buy 1,697 ETH at a price of $2,946 7 hours ago. James Fickel has been long the ETH/BTC exchange rate since the beginning of January this year:
The collateralized ETH accumulated 2,321 WBTC (134 million USD) borrowed from Aave and then sold for 42,325 ETH.
The ETH/BTC exchange rate cost is 0.0548. The current ETH/BTC exchange rate price is 0.0508, which means that his exchange rate is currently floating at a loss of about 9.80 million dollars (-7.3%).
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.