According to Crypto Jiejie, the giant whale reduced its short position in CL, which is shorting global crude oil prices at a high level: it trimmed 12,277.63 CL shorts, worth about $1,728,775.11. Its current position size is $3,123,145.05, with an average entry price of $98.21. Its current profit and loss is +$90,881.93 (+10.48%). The current price is $95.43, and its liquidation price is $118.95. The whale opened a short position in sync on March 9 when both U.S. and Brent crude oil hit short-term highs, and then continued adding to the position. Within 24 hours, it locked in $1.3 million in profit, timing the top precisely.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin