A certain whale is expecting another surge in oil prices, reopening a long position of 5.3 million contracts to chase the crude oil rally.

BlockBeats News, March 31, according to Hyperinsight monitoring, in the past 1 hour, a whale starting with 0xcc1, after liquidating a losing long position in Brent Crude Oil in the last round, promptly re-entered a long position on BRENTOIL with 2x leverage, holding a position worth $5.3 million, with an average price of $159.6, currently seeing a modest unrealized gain of about $20,000.