ETH/BTC exchange rate bull James Fickel has made a profit of $8.06 million

According to blockchain analyst Yu Jin's monitoring, James Fickel, the dead bull of the ETH/BTC exchange rate, finally made a profit after being trapped for a few months: his long position on the ETH/BTC exchange rate is currently floating profitably at $8.06 million (+4%).

He borrowed a total of 2,981 WBTC (204 million US dollars) from Aave since the beginning of January this year, sold them and exchanged them for 55,015 ETH to go long on the ETH/BTC exchange rate, with a cost of 0.0541.

Currently, the ETH/BTC exchange rate has rebounded to 0.0563.