Golden Finance reported that according to on-chain analyst Ember Monitoring, ETH/BTC exchange rate bull James Fickel sold 6429 ETH ($21.45 million) 4 hours ago for 227 WBTC to pay off all WBTC borrowings. James Fickel stayed long the ETH/BTC exchange rate for an entire year and lost $68.84 million (20,632 ETH): In the first half of the year, we borrowed 2,987 WBTC through Aave at an exchange rate of 0.054 and sold them in exchange for 55,315 ETH to go long on the ETH/BTC exchange rate; Since August, I have been selling ETH and buying back WBTC for repayment, spending a total of 75,947 ETH to buy back 2,987 WBTC for repayment at an exchange rate of 0.0393; Ultimately, he lost 20,632 ETH ($68.84 million) on the long ETH/BTC exchange rate.