Data: "Heavy investment in three major markets" whale closes positions in crude oil hedges worth 2.1 million USD, or shifts to WTI as it weakens relative to Brent

According to monitoring by Hyperinsight, the "heavy investment in three major markets" whale (0x8af) partially closed its hedging positions in WTIOIL (WTI crude oil) and BRENTOIL (Brent crude oil) within the past hour, totaling approximately $2.1 million. Specifically, the address closed about $1.05 million in long positions for WTIOIL and $1.05 million in short positions for BRENTOIL.

Currently, the address still holds a 5x leveraged long position in WTIOIL with a position size of $5 million and an average price of $96.2; at the same time, it holds a 5x leveraged short position in BRENTOIL with a position size of $6.68 million and an average price of $107.7. After this adjustment, its hedging position's floating profit has narrowed to $80,000.