BlockBeats News, July 4th, according to Cinder Monitor, the renowned ETH/BTC exchange rate bull James Fickel (@jamesfickel) transferred 30,000 ETH to Coinbase Prime and 50,000 ETH to a Coinbase Prime custody address 20 minutes ago, with a total value of $204 million.
He has been longing the ETH/BTC exchange rate for the entire last year: that is, borrowing BTC by pledging ETH, then selling the BTC to buy ETH and continue pledging. He lost 20,632 ETH ($68.84 million) in longing the ETH/BTC exchange rate.