"Heavy positioning in the three major markets" after a stop-loss of 14 million in two oil long positions, then reversed to open a short position, with losses exceeding $3.9 million recorded.

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ME News update, April 9 (UTC+8). According to monitoring by Hyperinsight, the “mega whale with heavy positions across three major markets” today fully closed and cut losses on its long positions in WTICRUDE (WTI crude oil) and BRENTOIL (Brent crude oil). Previously, the combined position size of the two oils exceeded $14.1 million; this closure recorded losses of more than $3.9 million. After the positions were closed, the address immediately flipped and opened a WTICRUDE short position at an average price of $92.3. The current size is $9.3 million, with a liquidation price of $117.6. After this reallocation, the address’s current main position layout spanning the three major markets is as follows:

U.S. stocks: long positions in the Nasdaq 100 and S&P 500, size $38.1 million, with unrealized gains of $430,000;

Crypto: long position in BTC, size $12.05 million, average price $6,540, with unrealized gains of $30,000;

Commodities: WTI crude oil short position, size $9.3 million, with an unrealized loss of $290,000.

Address: 0x8af700ba841f30e0a3fcb0ee4c4a9d223e1efa05 (Source: BlockBeats)

BTC-1.31%
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