Sky Co-founder Rune's Two Crude Oil Long Positions Turn from Profit to Loss, Overall Position Now Shows Floating Loss Exceeding $610,000

Odaily News As Brent crude oil fell below $90 per barrel, Hyperbot data monitoring shows that Sky (formerly MakerDAO) co-founder Rune's 20x leveraged crude oil futures CL (WTI crude) long position and 7x leveraged Brent Oil (Brent crude) long position have completely turned into losses. Additionally, his 7x leveraged Nasdaq 100 short position and 20x leveraged S&P 500 short position are also in a loss-making state. The overall value of his positions has now dropped to approximately $3.952 million, with a floating loss exceeding $610,000.