CoinWorld News reports that a major whale is shorting global oil prices at high levels, increasing its CL short position by 5,000 contracts, which is approximately $665,863.82. The whale’s total position size has reached $4,851,920.16. Its average price has risen from $97.00 to $98.21. Currently, this short position’s unrealized profit and loss is -$432,132.17, representing a decline of -50.81%. The current price is $107.81, and the liquidation price is $123.62. The whale opened the short positions on March 9 simultaneously when US and Brent crude oil hit short-term highs, and continued to add to the position. Within 24 hours, it captured $1.3 million in profits, precisely topping the market.