Amaranth Foundation Founder Adds 7814 ETH to Holdings

IconCrypto News Terminal26 Apr, 2024

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Amaranth Foundation Founder Adds 7814 ETH to Holdings

Amaranth Foundation Founder Buys 7814 ETH Cryptocurrency on-chain data analytics platform SpotOnChain reports that founder of neuroscience research foundation Amaranth Foundation, James Fickel, from an alleged address purchased 7814 ETH (worth $24.7 million at an average price of $3,161) for 24.7 million USDC in the past 40 minutes. The address in question holds 128,516 ETH ($440 million) and 40.97 million USDC and has borrowed 2,66 WBTC ($146 million) on Aave, and has held an ETH/BTC long position since December last year. Previously on 26 April 2024, Amaranth Foundation purchased 7814 ETH for $24.7 million. ---