A giant whale cut losses of $14.10 million, after buying two oil long positions it flipped and opened a short position on WTI crude oil, which has already recorded losses of more than $3.90 million

Gate News message: On April 9, according to monitoring, a whale address (0x8af700ba841f30e0a3fcb0ee4c4a9d223e1efa05) will today close all of its long positions in WTICRUDE (WTI crude, the U.S. crude oil futures benchmark) and BRENTOIL (Brent crude, the international crude oil futures benchmark) by stopping out. Earlier, the combined open position size for the two oils exceeded $14.10 million. This closing trade recorded losses of more than $3.90 million in total. After closing, the address immediately flipped and opened a WTICRUDE short position at an average price of $92.3. The current size is $9.30 million, with a liquidation price of $117.6. After this reallocation, the address’s current main position layout across three major markets is as follows: U.S. stocks: longs in Nasdaq 100 (the U.S. Nasdaq 100 Index) and S&P 500 (the U.S. S&P 500 Index), size $38.10 million, with an unrealized gain of $0.43 million; Crypto: BTC long positions, size $12.05 million, average price $6,540, with an unrealized gain of $0.03 million; Commodities: WTI crude short positions, size $9.30 million, with an unrealized loss of $0.29 million.