The founder of Amaranth Foundation bought another 1,697 ETH 7 hours ago

According to BlockBeats, on May 2, according to Ember monitoring, James Fickel, founder of the Amaranth Foundation, continued to spend 5 million USDC to buy 1,697 ETH at a price of $2,946 7 hours ago. James Fickel has been long the ETH/BTC exchange rate since early January this year: he borrowed 2,321 WBTC (US$134 million) from Aave by pledging ETH, and then sold it for 42,325 ETH. The ETH/BTC exchange rate cost is 0.0548. The current ETH/BTC exchange rate is 0.0508, which means that his exchange rate long position currently has a floating loss of about US$9.8 million (-7.3%).