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Crude Oil Market Night of Terror: Who Exactly Opened the God’s Eye View with Thousands of Short Positions Ahead of the Crash?
$XTIUSD
Who would have thought that the waterfall decline in WTI crude oil was precisely predicted more than 70 minutes in advance.
At 3:40 AM Eastern Time on Wednesday, during a calm period with no major news disruptions, a nearly 10k-contract short position with a nominal value of up to $920 million suddenly slammed into the market without warning. For a low-liquidity trading session in the early morning, the scale of this order was extraordinarily large, almost instantly leaving a glaring mark on the order book.
Just 70 minutes later, market news exploded: the US and Iran were close to reaching a ceasefire agreement containing 14 points, significantly easing the navigation risk in the Strait of Hormuz. Confidence in the Middle East geopolitical premium instantly collapsed, panic selling surged, and oil prices plummeted from above $100 to break through the $90 mark, with a single-day drop of over 11%.
And that premeditated tens of thousands of short positions had already realized a steady profit exceeding $125 million.
The timing of this operation was so precise it sent chills down the spine. The market instantly erupted, and everyone was asking: Who got the script in advance?