Founder of Amaranth Foundation spends $24.70 million to buy 7,814 ETH

According to Spot On Chain monitoring, Amaranth Foundation founder James Fickel spent $24.70 million to buy 7,814 ETH in the last 40 minutes, at a price of about $3,161. The giant currently provides 128,516 ETH ($404 million) and 40.97 million USDC to Aave, and has borrowed 2,266 WBTC ($146 million), appearing to have been long the ETH/BTC trading pair since December 2023.