A certain whale closed a 5.6 million USD crude oil short position and flipped to long, with total long positions across three major markets reaching 63 million USD.

BTC-0,88%

Gate News reports that on March 19, according to Hyperinsight monitoring, due to the rise in crude oil prices and the synchronized pullback of the US stock and crypto markets, address 0x8af experienced double losses on crude oil short positions and long positions in US stocks and cryptocurrencies. In the past hour, this address closed all approximately $5.6 million worth of CL (WTI crude oil futures) shorts and immediately opened long positions.

As a result, the address has fully shifted to a bullish stance, with long positions across the US stock, commodities, and crypto markets totaling $63 million. The overall unrealized profit of the account has narrowed by about $1.5 million compared to previous levels. The main current holdings are as follows:

10x XYZ100 (US stock top 100 index) long position: approximately $38.89 million, average price $24,861.13, unrealized loss $901,400, return -16.93%.

40x BTC long position: approximately $8.69 million, average price $69,495.50, unrealized profit $82,400, return 37.94%.

5x CL (WTI crude oil futures) long position: approximately $4.02 million, average price $96.51, unrealized profit $52,300, return 6.19%.

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