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Crude oil prices fell below $85, and a "whale" opened a short position with 20x leverage, realizing a paper profit of over $600,000.
12/06/2026 05:46
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According to Onchain Lens monitoring, as the price of crude oil fell below $85 per barrel, a whale opened approximately 235,245 short positions on crude oil at 20x leverage, with a notional value of about $19.38 million. The position quickly turned profitable after opening, and the floating profit has now exceeded $600,000.
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