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"Chasing gains and killing losses" giant whale oil short positions and BTC long positions were liquidated with a scale of 9.76 million, making it the largest liquidation address in the entire network.
Mars Finance reports that on April 2, according to Hyperinsight monitoring, amid a sharp rise in crude oil and a significant pullback in BTC, the whale (0x965) engaging in “chasing highs and selling lows” during the crude oil volatility yesterday held BRENTOIL short positions and BTC long positions, both of which incurred losses in both directions and were subsequently fully liquidated. This became the largest single liquidation across the entire network today and the top address by total liquidation volume among all bulk commodities. Among them:
It is reported that yesterday, during the crude oil fluctuation period, this address repeatedly chased highs and sold lows amid highly volatile conditions; within three hours, both long and short positions were consecutively liquidated in both directions, with the total liquidation exceeding $9.6 million.