'Major Short Sellers of WTI and Brent Crude' Significantly Reduce CL Short Positions, Still Holding Positions Worth Approximately $21 Million

BlockBeats News, March 24, according to monitoring by Hyperinsight, international crude oil prices have dropped significantly due to the temporary easing of U.S.-Iran tensions. However, the positions related to the 'Major Short Sellers of WTI and Brent Crude' remain in a loss-making state. Early this morning, the whale opted to cut losses and significantly reduced its xyz:CL short positions, while maintaining short exposure in other holdings. Currently, the whale still holds xyz:CL short positions worth approximately $21 million, with an unrealized loss of about $250,000. After the reduction, it continues to maintain short positions in 10 different assets, with a total account position value of $24.94 million USDC, including a Brent crude oil (xyz:BRENTOIL) short position valued at approximately $5 million.