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Whale Uses 7x Leverage to Go Long on Approximately $21 Million Worth of Brent Crude Oil

2026-03-20 05:39

Odaily News According to Onchain Lens monitoring, a whale, after being inactive for about 2 months, added $4.1 million USDC to its Brent crude oil long position over the past 16 hours.

The current position is a 7x leveraged long, with a size of approximately 203,434 Brent crude oil contracts, a position value of around $21 million, an entry price of about $106.91, and a liquidation price of approximately $89.05.