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Sky Lianchuang Rune's two long positions in crude oil have turned from profit to loss, with the overall position now showing an unrealized loss of over $610k.
ME News, on April 8 (UTC+8), as Brent crude oil fell below $90 per barrel, Hyperbot Data monitoring reported that Sky (formerly MakerDAO) co-founder Rune’s 20x leveraged crude oil futures CL (WTI crude oil) long positions and 7x leveraged Brent Oil (Brent crude oil) long positions have turned unprofitable across the board. In addition, Rune’s 7x leveraged Nasdaq 100 short positions and 20x leveraged S&P 500 short positions are also currently in a loss position. Its total position value has now dropped to approximately $3.952 million, with unrealized losses exceeding $610,000. (Source: ODAILY)