Crude oil prices suddenly plunged, crypto KOL CBB0FE heavily shorted, with unrealized gains of $1.26 million

Mars Finance News, May 25 — According to HyperInsight monitoring, as U.S. media reported that the U.S. and Iran have reached an agreement on the full reopening 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. Brent crude and WTI crude futures both plummeted by as much as 6% during the day. Crypto KOL CBB0FE (0xefd3a) heavily shorted $18.4 million worth of Brent crude positions, now with an unrealized profit of $1.26 million, with a liquidation price of $131.6.
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AirdropDreamsInAGlassBottle
· 9h ago
Please note that the address 0xefd3a can be marked, as it has high follow-up value.
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PerpColdHands
· 11h ago
When geopolitical tensions ease, the oil market crashes; on-chain data moves faster than news.
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GateUser-a65ee044
· 11h ago
Heavy short positions require courage, but even more so, they require an informational advantage.
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PfpSeasonChangeExpert
· 11h ago
If the Iran-U.S. agreement is truly signed, oil prices could drop even further.
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MinersUnderTheNeonBridge
· 11h ago
CBB0FE, you really nailed this order.
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ContractsMustNotLie.
· 11h ago
On-chain monitoring is now more effective than the Bloomberg Terminal.
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ReefUnderTheAurora
· 11h ago
1.26M floating profit, based on this fluctuation, it could become 2M tonight or drop to zero.
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