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Lookonchain monitoring: Whale begins cutting $147 million in crude oil long positions, recording a total loss of $15.3 million
Lookonchain monitoring: A whale has begun cutting $147 million in crude oil long positions, realizing a total loss of $15.3 million. The whale closed 587,250 CL longs (worth approximately $51.87 million) for a loss of $5.83 million, and still holds 1 million BRENTOIL longs (worth approximately $93.7 million) with an unrealized loss of $9.45 million and a liquidation price of $82.4.
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