#BTC
James Fickel, a die-hard bull on the ETH/BTC exchange rate, has finally made it out after being trapped for several months: his ETH/BTC exchange rate long position has now made a floating profit of $8.06M (4%).
From the beginning of January this year to date, he has borrowed 2,981 WBTC ($204M) from Aave and sold it 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, and he has made a floating profit of $8.06M (4%).