James Fickel Converts ETH to WBTC Amid Debt Reduction Efforts

According to Odaily, approximately six hours ago, ETH/BTC bull James Fickel converted 3,500 ETH, valued at $12.1 million, into 122.67 WBTC. Over the past two days, he has exchanged a total of 10,000 ETH, worth $34.6 million, for 358.3 WBTC at an ETH/BTC rate of 0.0358. This move is likely aimed at reducing his debt on Aave to 452.6 WBTC, equivalent to $45 million.