After a $15.08M floating loss, a whale closed a $44.04M CL long position at a loss

Odaily reports: According to monitoring by on-chain analyst Yu Jin, a whale closed a CL long position worth $44.04 million at a loss within the past 10 minutes, realizing a loss of $4.9 million. The whale began going long on crude oil half a month ago, gradually increasing the position to $148 million; after crude oil prices fell 14% this week, the floating loss reached $15.08 million.

Currently, the whale still holds a BRENTOIL long position worth $94.79 million, with a floating loss of $8.35 million.