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🔥 The whale hits the top for a second time to short oil prices; yesterday’s $8 million short position has already recorded impressive profits
On April 14, according to Hyperinsight monitoring, at 7:00 a.m. yesterday, address 0x4cd opened $8 million worth of short positions for both WTI and Brent crude oil, with the opening prices located at WTIOIL 99.935 USD and BRENTOIL 99.03 USD, again positioning itself near the week’s high. Due to today’s sharp pullback in oil prices, the address successfully hit the top for a second time, recording approximately $300,000 in profit, with a return rate of 26.6%. Within the past hour, the whale rolled over its short positions on both oils again, bringing the combined size to $7.98 million; as of the time of publication, it is still adding to the position. The current holdings are as follows: WTIOIL: 7x leverage, position size $3.87 million, average price lowered to $97.9, unrealized profit $248,000, liquidation price $112.8…