Data: "Heavy positioning in three major markets" — the giant whale closes out hedging positions of $2.1 million in US crude and Brent oil, or may reallocate collateral to WTI as it weakens relative to Brent.

ZkProver · 2026-03-23T12:49:45+00:00

A whale (0x8af) has recently closed out some of its positions in WTIOIL and BRENTOIL, totaling approximately $2.1 million. The whale currently still holds $5 million in WTIOIL long positions and $6.68 million in BRENTOIL short positions, with floating profits now narrowed to $80,000.

ZkProver

2026-03-23 12:49:45

Abstract generation in progress

ChainCatcher reports that, according to Hyperinsight monitoring, the “Major Market Heavy Positions” whale (0x8af) has partially closed its hedge positions in WTIOIL (WTI crude oil) and BRENTOIL (Brent crude oil) within the past hour, totaling approximately $2.1 million. Specifically, this address closed about $1.05 million worth of long positions in WTIOIL and short positions in BRENTOIL.

Currently, this address still holds a 5x leveraged long position in WTIOIL with a position size of $5 million at an average price of $96.2; at the same time, it holds a 5x leveraged short position in BRENTOIL with a position size of $6.68 million at an average price of $107.7. After this rebalancing, its hedge position has a floating profit of $80,000.

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