BlockBeats News, July 23rd. The "Crude Oil Insider Whale" (starting with 0xec4), who has previously accurately predicted the escalation of the US-Iran tensions, has accumulated a total profit of $1.3524 million from crude oil trading. This includes profits from early Brent crude long positions and today's newly closed WTI positions.

This afternoon (Beijing time), the address closed all 20,000 WTI short-term long positions at an average price of approximately $89.69, with a total value of about $1.7937 million, realizing a profit of $44,100.

Their Brent crude long positions are still held: currently holding 90,763.7 contracts at 20x leverage, with an average entry price of $78.5. The position is valued at approximately $8.435 million, with a liquidation price of around $68.34. They are enjoying an unrealized profit of about $1.308 million, with a return of approximately 367.1%. The initial margin of around $356,000 has nearly tripled.

Comparing to the last tracking, their Brent crude position has expanded from about 70,700 contracts to 90,800 contracts, and the unrealized profit has increased from $463,000 to $1.308 million. The address shifted to short positions in the cryptocurrency market yesterday, opening two new short positions:

BTC Short: 40x leverage, with a notional value of around $6.06 million and an average price of $66,280;

ETH Short: 25x leverage, with a notional value of around $5.77 million and an average price of $1,944.

The combined exposure to long crude oil, short cryptocurrency, and the Nasdaq now exceeds $30 million, possibly indicating a consistent bet on the continued escalation of geopolitical risks.

Address: 0xec4a6f59960fb55a7fa49262e2628687b322cf62