James Fickel's Strategic ETH to WBTC Swap to Manage Aave Debt
According to Spot On Chain, James Fickel recently exchanged 3,500 ETH, valued at $12.1 million, for 122.67 WBTC approximately six hours ago. Over the past two days, Fickel has swapped a total of 10,000 ETH, worth $34.6 million, for 358.3 WBTC at an exchange rate of 0.0358 ETH/BTC. This move is likely aimed at reducing his outstanding debt on the Aave platform to 452.6 WBTC, equivalent to $45 million.
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