Data: "Heavily concentrated in three major markets" - Whale closes out crude oil short positions to lock in profits, retains $48 million BTC holdings and Nasdaq futures positions

ZkProver · 2026-03-16T04:26:40+00:00

Over the past 4 hours, the address labeled "Heavy positioning in three major markets" has reduced 51,025 CL (WTI crude oil) short positions, accumulating profits of approximately $473,000. Its commodities holdings have been essentially liquidated, with remaining positions primarily consisting of approximately $48 million in BTC and Nasdaq-100 (XYZ100) holdings. This address has previously profited over $50 million on altcoin shorts and has recently been actively engaging in hedging trades across multiple markets.

ZkProver

2026-03-16 04:26:40

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ChainCatcher reports that, according to Hyperinsight monitoring, within the past 4 hours, an address labeled as “Major Market Positioning” (0x8af7…) has been actively closing its short positions in CL (WTI crude oil), reducing a total of 51,025 contracts worth approximately $5.05 million, with a profit of about $473,000.

After this reduction, its short position in CL has decreased to a scale of $250,000, with an average price of $106.28, nearly fully closed. Currently, this address’s positions in commodities have been mostly settled, with main holdings remaining in cryptocurrencies and U.S. stocks, totaling about $48 million in BTC and Nasdaq 100 (XYZ100) long and short positions.

Previously, this address achieved over $50 million in full-cycle profits from altcoin short positions. In the past month, it has engaged in trading across commodities, cryptocurrencies, and U.S. stocks with a combined scale exceeding $50 million, mainly hedging profits across the three major markets in different directions.

BTC3,08%

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