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Home News Under Geopolitical Tensions, 「Strategy Opponent Plate」 Takes Profit from Oil and Gas Gains and Shifts Focus, Increasing Position to $105 Million in Anticipation of Cryptocurrency Market Pullback

Under Geopolitical Tensions, 「Strategy Opponent Plate」 Takes Profit from Oil and Gas Gains and Shifts Focus, Increasing Position to $105 Million in Anticipation of Cryptocurrency Market Pullback

Under Geopolitical Tensions, 「Strategy Opponent Plate」 Takes Profit from Oil and Gas Gains and Shifts Focus, Increasing Position to $105 Million in Anticipation of Cryptocurrency Market Pullback

BlockBeats News, March 19th, according to Hyperinsight monitoring, in the past 6 hours, the “Strategy Whale” address (0x94d) closed all of its long positions in CL (WTI Crude Oil) and NATGAS (US Natural Gas), realizing gains from the geopolitical oil and gas surge.

Subsequently, the address deployed the released margin to further increase its short positions in BTC and ETH. At that time, the price of BTC was around $71,000, with the average price of the two short positions subsequently lowered. The total position size of the BTC and ETH short positions has now reached $105 million.

Perhaps due to Brent crude’s intraday gain being significantly greater than that of WTI crude, the address still holds about $4.32 million in long positions for Brent crude, indicating a partial exit from the energy position. This shift in positions may be intended to speculate that the boosting effect of the US-Iran conflict on energy prices has been fully priced in, a short-term peak is either imminent or has been reached, and it is expected that risk assets will face a pullback.

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