Whale Closes WTI Crude Oil Short Position for $473K Profit, Retains $48M BTC and Nasdaq Positions

BTC1,73%

Gate News reports that on March 16, within the past 4 hours, an address marked as “Major Market Positioning” (0x8af7…) closed its WTI crude oil (West Texas Intermediate) short positions, reducing a total of 51,025 units valued at approximately $5.05 million, recording a profit of about $473,000. After this reduction, its WTI crude oil short position has decreased to a scale of $250,000, with an average price of $106.28, nearly fully closed. Currently, this address’s positions in commodities have been mostly settled, with main holdings remaining in the crypto and US stock markets, holding about $48 million worth of BTC and Nasdaq 100 (NASDAQ 100 Index) long and short positions. Previously, this address achieved over $50 million in full-cycle profits from altcoin short positions and has recently engaged in commodities, crypto, and US stock trading with positions exceeding $50 million over the past month.

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