「Whale Takes Profits in Three Major Markets」 by Unwinding $2.1M USD Equities Long Position, or Shifts to WTI Amid Weakening Brent Spread

BlockBeats News, March 23rd, according to Hyperinsight monitoring, the whale (0x8af) who "Heavily Positioned in Three Major Markets" partially closed the hedged positions of its holdings of WTIOIL (WTI Crude Oil) and BRENTOIL (Brent Crude Oil) in the past hour, with a total size of approximately $2.1 million. In specific terms, the address closed around $1.05 million of WTIOIL long position and BRENTOIL short position each.

Currently, the address still holds a 5x leveraged WTIOIL long position with a $5 million holding size at an average price of $96.2 per barrel; simultaneously holds a 5x leveraged BRENTOIL short position with a $6.68 million holding size at an average price of $107.7 per barrel. After this adjustment, the floating profit of its hedged positions has narrowed to $80,000.