'Shanzhai Air Force Leader' Adds $3.18 Million WTI Crude Oil Short Position, Total Crude Oil Position Reaches $18.1 Million

BlockBeats news, April 1, according to Coinbob's popular address monitoring, the whale known as 'Shanzhai Air Force Leader' has temporarily added $3.18 million to its WTI crude oil (WTIOIL) short position to average down. The total position size has reached $8.18 million, with an average price of $97.67 per barrel, currently showing an unrealized loss of $370,000 (-11%). Additionally, the whale holds a 20x leveraged Brent crude oil (BRENTOIL) short position, with a size of $9.98 million at an average price of $107.36 per barrel, currently showing an unrealized profit of $280,000 (6%). The total crude oil short positions now exceed $18.1 million. This address specializes in shorting and has previously held short positions in over 20 cryptocurrencies during market downturns. It has achieved total profits of $89 million over its trading cycle and recently shifted focus to commodities after nearly fully closing its crypto positions.