Data: A whale heavily invested in three major markets closed its short position in crude oil for profit, while retaining $48 million in BTC and Nasdaq holdings.

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According to ChainCatcher, Hyperinsight monitoring shows that in the past 4 hours, the address (0x8af7...) marked as "heavily invested in three major markets" concentrated on taking profits on its short positions in CL (WTI crude oil), reducing its holdings by a total of 51,025 units, worth approximately $5.05 million, and recording a profit of approximately $473,000.

Following this reduction, its CL short position has decreased to $250,000, with an average price of $106.28, almost completely liquidated. Currently, this address has essentially closed out its positions in the commodities sector, with its main holdings remaining in the crypto and US stock markets, totaling approximately $48 million in long and short positions in BTC and the Nasdaq 100 (XYZ100).

This address previously made over $50 million in profit over a period of time by shorting Altcoin. In the past month, it has also been involved in commodity, cryptocurrency and US stock trading with a scale of over $50 million, mainly hedging profits in different directions of the three major markets.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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