according to the on-chain analysis platform Lookonchain, a certain whale closed a long position in OIL (crude oil), profiting $755,000, and then shorted XYZ100 (Nasdaq 100 Index) with 30x leverage, with a position value exceeding $25 million, and a liquidation price of $26,688.65.
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A major whale closed out its crude oil futures positions and switched to shorting the Nasdaq, with a position of $25 million.
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