If the Strait of Hormuz truly opens fully, oil prices will be short-term bearish but exhausted quickly, but there are still many uncertainties before the agreement is implemented. This high-leverage game looks exciting, but in reality, you need a very strong heart.

BlockBeats News. On May 25, according to monitoring by HyperInsight, following U.S. media reports that the U.S. and Iran have reached agreement on the full opening of the Strait of Hormuz, the U.S. Secretary of State also confirmed that a potential agreement with Iran could be signed as early as Monday. Both Brent crude oil and WTI crude oil futures saw an intraday drop of 6% at one point.



Crypto KOL CBB0FE (0xefd3a) is heavily short Brent crude oil with a position size of $18.4 million; the position is now showing an unrealized profit of $1.26 million, with a liquidation price of $131.6.