Whale Closes 500K Crude Oil Futures Position, Loses $2.9M in 33 Hours

CL-3.18%
According to on-chain analytics platform Lookonchain, a whale address 0x2558 closed its entire 500,000 crude oil futures (xyz:CL) long position valued at approximately $36.85 million, incurring a loss of about $2.9 million in just 33 hours.
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