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Home News The “Long and Short Air Force of Crude Oil” significantly reduced their short position in CL, still holding a position worth approximately $21 million.

The "Long and Short Air Force of Crude Oil" significantly reduced their short position in CL, still holding a position worth approximately $21 million.

The “Long and Short Air Force of Crude Oil” significantly reduced their short position in CL, still holding a position worth approximately $21 million.

BlockBeats News, March 24th, according to Hyperinsight monitoring, due to the impact of the US-Iran conflict easing, international oil prices plummeted. However, the positions of the “US and Brent Oil Air Force” whales are still in a loss-making state. This morning, the whale chose to cut losses, massively reducing its xyz:CL short position while maintaining a short exposure in other positions.

Currently, the whale still holds a xyz:CL short position worth about $21 million, with a floating loss of about $250,000. After the reduction, it still maintains short positions in 10 assets, with a total account value of $24.94 million USDC, including a short position in Brent Crude (xyz:BRENTOIL) worth about $5 million.

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