On SPCX, this position is stacked to $5.15 million, the average price is low enough, and the liquidation level at 232 looks quite safe, but who knows with crude oil volatility.

Coin World News reports that the commodity trader “WTI Crude Oil TOP 1 Short” increased its short position holdings by 3,763.37 contracts on the SPCX platform, which is approximately $488,950.97. Its position size reached $5,150,376.65, and the average price fell from $169.95 to $168.74. The current profit/loss on this short position is +$398,637.49 (+14.90%). The current price is $156.62, and the liquidation price is $232.16. The address also holds $33 million worth of WTI crude oil short positions, prefers to open commodity-related positions, indirectly involves transactions related to U.S. stocks, and has a monthly profit of $17 million.