Svmuu News: According to Hyperinsight’s monitoring, during the sharp rise in oil prices last night and early this morning, "trader Loracle" suffered two system-triggered liquidations, resulting in a total liquidation of approximately 106,500 WTI short contracts. The average liquidation price was approximately $92.3, with a total value of about $9,831,200;The two forced liquidations combined resulted in a loss of approximately $681,200, plus transaction fees of about $786, marking the largest forced liquidation across the entire network within a 24-hour period.
Just about 12 minutes after the forced liquidations, the trader resumed shorting.As of press time, the trader holds 27,700 WTI short contracts with 3x isolated margin, at an average entry price of $92.2, with a position value of approximately $2.547 million and a liquidation price of approximately $155.05;with an unrealized profit of approximately $14,400 and a return on investment of about 1.68%. The current position is only about one-quarter of its pre-liquidation size.
At the same time, the trader has placed 19 sell orders (not intended to reduce the position) in the $93.40 to $95.20 range, planning to add another 15,000 contracts to the short position, with an order value of approximately $1.425 million, awaiting a rebound to continue shorting;If all orders are filled, his WTI short position will increase to 42,874.228 contracts, with a notional value of approximately $3.9725 million.
On the news front, Yemen’s Houthi rebels announced attacks on two Saudi oil tankers, prompting the market to begin pricing in the risk of simultaneous disruptions to both the Red Sea and the Strait of Hormuz shipping lanes; Donald Trump. subsequently stated that it is considering resuming large-scale military operations against Iran; WTI crude oil rose to a high of $93.