A certain whale increased their long positions in two oil contracts to $36.95 million intraday, currently the largest long position in on-chain crude oil.

BlockBeats news, October 20 - According to TradingBeats monitoring, the largest long-position whale in crude oil contracts, starting with 0x0cc1, has continuously increased its long positions in WTI and Brent crude oil over the past 24 hours, with net purchases of approximately $32.785 million. After consecutive additions, the total value of its long positions in both oils is approximately $36.949 million, with unrealized gains of about $639,000.

Among them, WTI is the main direction of increase, with net additions of about $21.828 million; Brent net additions of about $10.957 million. The whale's positions in both oils are as follows:

WTI crude oil: position value approximately $24.001 million, average entry price $98.597, unrealized gain about $464,000. Brent crude oil: position value approximately $12.948 million, average entry price $106.2393, unrealized gain about $176,000.

During the same period, WTI and Brent contracts were reported at $100.54 and $107.70, respectively. The latest round of position additions for this account occurred around 17:08 today, and as of press time, it is still increasing its holdings.