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MSFT $494.02 -0.34%
META $641.39 -1.12%
NVDA $215.26 -1.23%
TSLA $361.60 -1.59%
SNDK $1,571.05 -3.38%
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SPCX $148.86 -0.95%
MU $943.35 -2.52%
AMD $502.37 -2.36%

Data: Amaranth Foundation founder James Fickel has bought 4,947 ETH again, worth approximately 18.8 million USD

2024-05-22 09:32:12

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, Amaranth Foundation founder James Fickel's long position on the ETH/BTC exchange rate has finally broken even after four months: 2 hours ago, the long position holder James Fickel continued to use 16 million USDC + 40 WBTC to buy 4,947 ETH (18.8 million USD), at an average price of 3,801 USD.

Since the beginning of January this year, he has borrowed a total of 2,781 WBTC (195 million USD) from Aave and sold it to exchange for 51,429 ETH to go long on the ETH/BTC exchange rate, with a cost basis of 0.054 for the ETH/BTC exchange rate. Currently, the ETH/BTC exchange rate has returned to 0.054, which means his long position on the ETH/BTC exchange rate has finally broken even.

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