SkyQuant's weekend long position on crude oil and short positions on US stocks and Ethereum resulted in a $2 million USD unrealized gain in the account

BlockBeats News, March 9th, according to Hypersight monitoring, Sky founder Rune took a high-leverage long position on the oil market this weekend on Hyperliquid, while taking a low-leverage short position on the US stock index and Ethereum.

After the traditional market opened, the price of oil surged instantly, while at the same time Bitcoin and Ethereum plummeted rapidly under the lead of the U.S. stock market. As of the time of writing, his account's unrealized profit has exceeded 2 million U.S. dollars.