A whale increased its long positions in crude oil to $36.95 million intraday, becoming the largest crude oil long holder on-chain.
1 hours ago
According to TradingBeats monitoring, the largest long whale in crude oil contracts, whose address starts with 0x0cc1, has continued to add positions in WTI and Brent crude oil longs over the past 24 hours, net buying approximately $32.785 million. After consecutive position increases, its total long positions in the two oils are valued at around $36.949 million, with an unrealized profit of about $639,000. WTI is the main direction of its position increase, with a net addition of approximately $21.828 million; Brent has a net addition of about $10.957 million. The whale’s positions in the two oils are as follows: WTI crude oil: position value of around $24.001 million, average entry price of $98.597, unrealized profit of about $464,000. Brent crude oil: position value of approximately $12.948 million, average entry price of $106.2393, unrealized profit of about $176,000. During the same period, WTI and Brent contracts were priced at $100.54 and $107.70 respectively. The latest round of position additions by this account occurred around 17:08 today, and as of press time, it is still adding positions.
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