BlockBeats News, March 27 — According to Hyperinsight monitoring, last night and this morning, the top two on-chain Brent crude oil positions, “Abraxas Capital,” significantly increased their holdings again. Both addresses added to their positions simultaneously, with a total increase of nearly $26 million. The average purchase price was about $101, and the short positions increased by approximately 130% compared to yesterday morning.
After this round of accumulation, each of the two addresses holds over $40 million in short positions, bringing the total position size to $92 million. The average cost is around $103, with a liquidation price averaging $137. After gradually adding to their positions, by 4 a.m. today, the holdings turned profitable, with a floating profit totaling $2.6 million.
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