Sky co-founder went long on crude oil and short on US stocks and Ethereum over the weekend, with an unrealized profit of $2 million in the account.

BlockBeats news, on March 9, according to Hypersight monitoring, Sky co-founder Rune took a high-leverage long position on oil assets on Hyperliquid over the weekend, while simultaneously taking low-leverage short positions on US stock indices and Ethereum.

After the traditional markets opened, oil prices surged instantly, while Bitcoin and Ethereum plummeted rapidly, led by the US stock market. As of press time, his account's unrealized profit has exceeded $2 million.