A whale engaged in a pump and dump scheme on Brent crude oil, successively facing a $9.6 million long and short liquidation in a short period of time

April 1 – Brent crude oil saw sharp volatility on Monday, spurred by macro developments, per HyperInsight monitoring (https://t.me/HyperInsight). A whale wallet starting with 0x965 repeatedly flipped between chasing rallies and selling dips amid intense market action. Within three hours, the address was forced to liquidate both long and short positions in quick succession, with total liquidations exceeding $9.6 million. First, when news of troop withdrawals broke and oil prices plummeted, the address’s $4.61 million Brent Oil long position was liquidated first, resulting in an approximate $148,000 loss. Subsequently, the wallet quickly flipped to open a $4.91 million short position. After Brent fell below $100 before staging a sharp rebound, this short position was fully liquidated within the last 30 minutes, leading to an estimated $137,000 loss. Currently, the address has reopened a 20x-leveraged Brent Oil short position worth $3.91 million, with an average entry price of $102.8, a liquidation price of $105.5, and an unrealized loss of roughly 5%.