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An investor went long on crude oil before the US-Iran war and made a profit of $923,000 in just 11 days.
Odaily Planet Daily reported that on-chain analyst Ai Yi monitored that an investor went long on crude oil before the US-Iran war and made a profit of $923,000 in just 11 days:
02/24: Tensions between the US and Iran, went long on 40,000 barrels of CL at $66.41, worth $2.656 million;
02/28: Large-scale military conflict between the US and Iran, Iran blocks the Strait, held firm;
03/02: Crude oil prices surged violently on the first trading day after the war broke out, held firm;
03/07: Crude oil futures hit a new high for the year at $89.5, took profit and exited.