Sky Co-Founder Liquidates ETH Long Position with $257,000 Loss, Simultaneously Adjusts Crude Oil and Stock Index Positions

According to Onchain Lens monitoring, Sky co-founder Rune has completely liquidated his ETH long position, incurring a loss of approximately $257,000.

Simultaneously, he has increased his 7x leveraged Brent crude oil long position and closed his 20x leveraged crude oil CL long position. He currently still holds short positions on the S&P 500 (20x leverage) and XYZ100 (7x leverage), and has set TWAP orders to further adjust his positions.