BlockBeats message, April 2, according to Hyperinsight monitoring, affected by the sharp surge in oil prices and the synchronized pullback in the crypto market, the “Strategy counterparty book” (0x94d) held nearly $80 million “long oil, short BTC” portfolio positions; intraday bidirectional profits have already exceeded $3.6 million.
The portfolio began building positions yesterday afternoon. At that time, BTC had just briefly broken above the $69,000 high, while both WTI and Brent crude oil had fallen back below $100. After this whale entered in a big way, it gradually rolled over and added in small increments, completing all position building by this morning’s early hours. The two main position legs are as follows:
20x BRENTOIL long: position size $39.5 million, average price $100.8, unrealized profit $2.3 million (35%);
40x BTC short: position size $38.7 million, average price $68,761, unrealized profit $1.36 million (140%);
After the two positions generated bidirectional profits, the address has not yet closed its trades. It has extended the baseline position for another round of expansion: going long NATGAS (natural gas) and going short S&P 500, with the current combined position size of these two legs at $2.6 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
