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"Counterfeit Air Force Head" increased positions by $3.18 million in WTI crude oil short positions, with the total crude oil position reaching $18.1 million.
CoinWires news: On April 1, according to Coinbob’s monitoring of popular addresses, the “Shanzhai Air Force Leader” whale made a short-term top-up of $3.18 million to average down its WTIOIL (WTI crude oil) short position; its total position has reached $8.18 million, with an average price of $97.67, and an unrealized loss of $370,000 (-11%). Additionally, it holds a 20x leveraged BRENTOIL (Brent crude oil) short position worth $9.98 million, with an average price of $107.36, and an unrealized profit of $280,000 (6%). Currently, the combined long positions in crude oil exceed $18.10 million. This address specializes in shorting; during market downturns, it held short positions in more than 20 different cryptocurrencies. It has achieved a total profit of $89 million over the full cycle, and recently, after nearly fully closing its crypto market positions, it has shifted into commodities.