Search results for "MOMO"
2026-03-09
10:03

Trader Momo opens a $15.5 million long position in crude oil futures, close to the liquidation price, closing with a loss of $1.3 million.

Gate News Report, March 9 — According to MLM monitoring, trader Momo opened a long position of 150,000 barrels of crude oil CL (crude oil futures contracts, approximately $15.5 million) three hours ago and closed all positions at market price 13 minutes ago, just 0.1% away from liquidation price. This fluctuation pushed the CL price down to $93.7, about 2.7% below the regular crude oil futures price. Momo lost $1.3 million within 2.5 hours of trading OIL.
More