A wallet long on crude oil faces nearly $10 million in unrealized losses, has cut losses by $586,000

Odaily Odaily reported that according to on-chain analyst Ai Yi's monitoring, address 0xebe...14070 has accumulated long positions worth $55.36 million in crude oil, including CL and BRENTOIL, with entry prices of $107.1 and $112.4 respectively. The address partially cut its position today, incurring a loss of $586,000. It currently still faces unrealized losses of nearly $10 million. Additionally, the address has paid $93,000 in funding fees.