After suffering a loss of $9.83 million from a liquidation, "Trader Loracle" shorted WTI crude oil again

According to monitoring by Hyperinsight, during the rapid surge in oil prices last night and this morning, "Trader Loracle" experienced two forced liquidations, totaling approximately 106,500 short WTI contracts. The average execution price of the forced liquidations was around $92.3, with a total scale of approximately $9.8312 million. The two liquidations combined resulted in a loss of about $681,200, plus a handling fee of around $786, making it the largest liquidation in the entire network within 24 hours.

Just about 12 minutes after the liquidation, he reopened a short position. As of press time, he holds 27,700 short WTI contracts with 3x isolated margin, with an average entry price of $92.2 and a position value of approximately $2.547 million. The liquidation price is around $155.05. The unrealized profit is approximately $14,400, with a return rate of about 1.68%. The current position is only about a quarter of the size before the liquidation.

At the same time, he has placed 19 non-reducing sell orders in the range of $93.4 to $95.2, planning to add another 15,000 short contracts, with an order value of approximately $1.425 million, waiting for a rebound to continue building short positions. If all are executed, his WTI short position will increase to 42,874.228 contracts, with a notional size of about $3.9725 million.

On the news front, Yemen's Houthi forces announced an attack on two Saudi oil tankers. The market began pricing in the risk of simultaneous disruptions to the Red Sea and the Strait of Hormuz transport routes. Trump subsequently stated that he is considering resuming large-scale military operations against Iran. WTI crude oil rose to a high of $93.