According to Odaily, James Fickel, the founder of the Amaranth Foundation, has made significant investments in Ethereum (ETH). Fickel purchased 2,642 ETH at an average price of approximately $3,820, costing him 10.1 million USDC, equivalent to $24.4 million.

In the past three days, Fickel has bought a total of 14,494 ETH at an average price of $3,675. This investment required an expenditure of 390 WBTC and 26.1 million USDC, totaling $53.3 million. This substantial investment indicates Fickel's strong belief in the potential of Ethereum.