A whale sold ETH for a profit of $8.99 million half a month

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A whale sold ETH for a profit of $8.99 million half a month ago, then went long on crude oil on Hyperliquid.

After continuously adding to the position for half a month, the whale now holds a crude oil long position worth as much as $148 million! The position is currently down $540,000.

Address: 0x0CC159b29F45c9cC0DA41326d7e18E04245Bc7cb

余烬Ember

The whale who bought the dip in ETH at $1,647 four and a half months ago is bullish on oil prices:
After selling the 12,468 ETH it bought near the bottom four and a half months ago for an $8.99 million profit, it used the funds to open long crude oil positions on Hyperliquid.

◎ In early June, it used leverage to buy the dip on $30 million worth of ETH at $1,647;
◎ Yesterday, it sold 12,468 ETH at $2,368 for 29.52 million USDC, realizing an $8.99 million profit.
◎ It then transferred 20 million USDC to Hyperliquid to open long crude oil positions. It has now opened long positions worth $22.4 million in crude oil (including CL and BRENTOIL), and is still adding to its positions.

Address: 0x0CC159b29F45c9cC0DA41326d7e18E04245Bc7cb

ETH-0.27%

CL-1.10%

BZ-1.59%