James Fickel once again borrowed 350 WBTC from Aave and sold it for 43,784 ETH.

According to on-chain analyst Ember Monitoring, the probability of ETH spot ETF approval has increased significantly as the US SEC requires exchanges to accelerate the update of 19B-4 documents on ETH spot ETF. ETH price rose 18% in 5 hours.
During this time, multiple on-chain whales were buying ETH (mostly using leverage).
James Fickel, founder of the amaranth foundation, continued to borrow 350 WBTC ($25 million) from Aave and sold it for 43,784 ETH.
James Fickel has been long on the ETH/BTC exchange rate since the beginning of January this year. He has borrowed 2,741 WBTC ($191 million) from Aave and sold it for 50,688 ETH. His ETH/BTC exchange rate cost is 0.054;
2.3 hours ago, the whale, who had earned $20.80 million on ETH and LINK investments, borrowed 10 million USDC from Aave and bought 2836.5 stETH for $3,525. The whale also spent 20 million USDC a week ago (May 14) to buy 313.24 WBTC at an average price of 63,848.