Crude Oil Plunges, Crypto Influencer CBB0FE's Heavy Short Position Yields $1.26 Million in Unrealized Gains

BlockBeats News, May 25th, according to HyperInsight monitoring, as reported by U.S. media that the U.S. and Iran have reached a comprehensive agreement to fully open the Strait of Hormuz, the U.S. Secretary of State concurrently confirmed that a potential agreement with Iran could still be signed as early as Monday, Brent crude oil and WTI crude oil futures both experienced a 6% intraday plunge.

Crypto KOL CBB0FE (0xefd3a) heavily shorted $18.4 million in Brent crude oil positions, which are now showing a floating profit of $1.26 million, with a liquidation price of $131.6.