A trader opens a $6.7 million short position in oil while going long on NVDA and PAXG.
Foresight News reported, according to monitoring by Lookonchain, the trader loracle.hl, who previously made a profit of $24 million, is currently shorting oil. This trader has opened a 2x leveraged short position on 69,924 xyz:CL (worth approximately $6.7 million). In addition, the trader is simultaneously going long on NVDA and PAXG.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Raoul Pal: Global liquidity is highly correlated with BTC, and the market is at a historically oversold level
Iran situation wipes out Australian stock market gains since February
Jupiter launches multi-chain deposit feature, supporting four major networks
If Bitcoin drops below $66,000, the mainstream CEX long liquidation pressure will reach $514 million
Trending news
MoreCrypto prices
More
