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Two major highly correlated WTI crude oil short whales take profit and exit, with a holding return of approximately 12%
GateNews
BlockBeats News, March 4 — According to Coinbob’s popular address monitoring, yesterday evening, two highly related addresses of Hyperliquid simultaneously closed long positions on xyz:CL (WTI crude oil futures mapping contract), with an average closing price of about $74. Previously, the position size exceeded $3.2 million, with an average entry price of about $70. Due to using 2 to 3 times leverage, the final return was approximately 12%.
It is reported that these two whales (0x1de) (0xb58) have highly similar holdings and on-chain transfer records, and they accurately timed their long positions before Iran announced a ban on ships passing through the Strait of Hormuz (a key oil transportation route).
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