Trader with $569 Million Cryptocurrency in Wallet Starts a New Trade

by Aric Feil

Some transactions made by cryptocurrency dealer James Fickel caught the appreciate of onchain viewers.

According to the knowledge, Fickel now no longer too lengthy ago purchased 3,534 Ethereum at a median ticket of $2,547, spending 9 million USDC.

According to the knowledge, this dealer looks to be on the total a hit in collecting ETH at a low ticket after which selling them at a excessive ticket. Fickel’s two cryptocurrency wallets own 226 thousand ETH charge a total of $569 million.

Since January 10, the dealer has purchased $97.6 million of ETH at a median ticket of $3,158 and sold $65.7 million of ETH at a median ticket of $3,431.

At the time of this writing, ETH ticket is shopping and selling at $2,521 and has misplaced 23% of its ticket within the final seven days.

Additionally, recordsdata shows that the analyst has held a lengthy place aside in ETH/BTC since January 10.

Additionally, the dealer borrowed 3,061 Wrapped Bitcoin (WBTC) charge $172 million via decentralized finance platform Aave and transformed it into 56,445 ETH at a charge of 0.05424.

*Right here’s now no longer investment advice.

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