A certain whale was chasing gains and cutting losses on Brent crude oil, and was subsequently liquidated in both long and short positions totaling 9.6 million in a short period.

BlockBeats message, April 1, according to monitoring by Hyperinsight. Driven by macro news, Brent crude oil saw sharp fluctuations today. In the midst of the volatile market, a large whale starting with 0x965 repeatedly chased gains and sold off positions in both directions. Within three hours, both long and short sides were successively liquidated. The combined total liquidation amount for longs and shorts exceeded $9.6 million.

It is understood that during the period when the withdrawal notice landed and oil prices fell sharply, the 4.61 million BRENTOIL long position held by this address was liquidated first, recording a loss of about $148,000.

Subsequently, the address quickly reversed and opened a short position, with the short position size reaching $4.91 million. After crude oil broke below $100, it strongly rebounded. In the past half hour alone, this short position was liquidated in full again, recording a loss of about $137,000.

Currently, this address has reopened a 20x leverage BRENTOIL short position with a size of $3.91 million, an average entry price of $102.8, a liquidation price of $105.5, and an unrealized loss of about 5%.