Damage to key gas field facilities caused natural gas prices to rise 10% intraday; crypto KOL CBB increased his short position in NATGAS to $3.7 million.

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MarsBit
03-19
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According to Mars Finance, on March 19th, Hyperinsight monitoring showed that the escalation of the US-Iran conflict last night and this morning led to damage to key natural gas facilities in Iran and Qatar, causing a continuous rise in US natural gas prices. The NATGAS contract on the Hyperliquid platform rose nearly 10% intraday, reaching a high of $3.21 before falling back to $3.14. During this period, crypto KOL CBB (0xefd) continued to increase his short positions in NATGAS (US natural gas) on Hyperliquid, with a position size of $3.71 million, an average price of $3.13, and a floating loss of $15,000 (-1.1%).

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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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