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A whale opened over $147 million in long positions on crude oil, betting on rising oil prices.

BlockBeats news, November 3rd, according to Lookonchain monitoring, a whale address has recently made a large long position in crude oil, opening a total long position worth over $147 million. This includes 868,840 Brent crude oil (BRENTOIL) contracts valued at approximately $91 million, and 580,960 US crude oil (CL) contracts valued at approximately $56.1 million.

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On-Chain Activity

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Amid the market pullback, who is on the "buy-the-dip list" of big money?

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A whale opened over $147 million in long positions on crude oil, betting on rising oil prices.

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A certain whale took advantage of the market downturn to sell off $8.18 million in BTC and ETH, re-emerging after 22 days of inactivity.

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