The short position is still open, but it has already made a profit of $840k, with a liquidation price of 150.75. Currently, the oil price is 91, so the safety margin is ridiculously thick.

According to Coin World News, On-chain Wall Street Express reports that BRENTOIL has reduced its short position by 16,181.81 units, worth about $1,456,410.16. Its current position size is $5,816,389.84, with an average price of $104.36. Its current profit and loss is +$843,599.63 (+20.86%). The current price is $91.14, and the liquidation price is $150.75. This address began shorting ZEC at $184, had previously been floating a loss of $21 million, then turned from loss to profit, and has recently become the S&P 500’s largest long position, with a scale exceeding $70 million.