According to Onchain Lens monitoring, Sky co-founder Rune has completely closed his ETH long position, resulting in a loss of approximately $257,000 from this liquidation. Concurrently, Rune has increased his BRENTOIL (7x leverage) long position and closed his CL (20x leverage) long position. His account currently still has Time-Weighted Average Price (TWAP) orders pending for further opening and closing of positions. Rune currently still holds short positions in $SP500 (20x leverage) and $XYZ100 (7x leverage).
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Sky Co-founder Rune Closes ETH Long Position, Incurring $257,000 Loss
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