The Oil ( $CL ) Bull Is Getting Crushed🥶. As this wallet 0x2558 made a massive bet on higher oil prices, opening a 500,000 CL long worth nearly $39 million.
So far, that trade has gone badly. As crude oil continues to slide, the whale is now sitting on an unrealized loss of more than $2 million, and the position is starting to get dangerously close to liquidation.
So far, that trade has gone badly. As crude oil continues to slide, the whale is now sitting on an unrealized loss of more than $2 million, and the position is starting to get dangerously close to liquidation.