BlockBeats message, April 1, according to Coinbob’s popular address monitoring, shows that “altcoin air force tanker head” whale added a 3.18 million USD short-term buy to average down its WTIOIL (WTI crude oil) short positions; the position size has reached 8.18 million USD, with an average price of 97.67 USD and an unrealized loss of 0.37 million USD (-11%).
In addition, it also holds 20x leveraged BRENTOIL (Brent crude oil) short positions with a size of 9.98 million USD, an average price of 107.36 USD, and an unrealized profit of 0.28 million USD (6%). Currently, total long positions in crude oil exceed 18.10 million USD.
This address focuses on shorting. During periods of market decline, it previously held short positions in more than 20 different cryptocurrencies. Over the full cycle, it profited 89 million USD; in the recent period, after almost completely closing out crypto market assets, it has moved into commodities.