Cointime reports: A whale holding a $148 million crude oil long began cutting losses after a $15.08 million drawdown, closing $44.04 million in CL long positions in the past 10 minutes for a realized loss of $4.9 million, on-chain analyst Yu Jin monitored. The position was built up over half a month before crude prices plunged 14% this week. The trader still holds $94.79 million in BRENTOIL longs with an unrealized loss of $8.35 million.
Whale Unwinds $44M CL Long, Realizing $4.9M Loss
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