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📅 July 3, 7:00 – July 9,
Well-known ETH/BTC Exchange Rate long positions James Fickel transferred 80,000 ETH to CEX Prime.
On July 4th, according to Ember Monitoring, the famous ETH/BTC long positions trader James Fickel(@jamesfickel) transferred 30,000 ETH to CEX Prime and 50,000 ETH to a CEX Prime Address 20 minutes ago. He has been going long on the ETH/BTC exchange rate all last year: borrowing BTC by collateralizing ETH, then selling the BTC for ETH to continue collateralizing. He has lost 20,632 ETH on his long positions in the ETH/BTC exchange rate.