Whale 0x2558: Closes $36.85M CL Long, Loses $2.9M
Whale 0x2558 closed 500,000 xyz:CL ($36.85M) long after $2.9M loss in 33 hours on oil futures perpetual DEX.
SourceAnalysis
Whale 0x2558 closed his entire 500,000 xyz:CL ($36.85M) long after losing $2.9M in 33 hours. Crypto whales trading oil futures on perpetual DEX platforms have a long record of aggressive bets on CL crude oil futures liquidation mechanics, with recent price volatility driven by macro shifts over the past year.
Lookonchain
@lookonchainLooking for smartmoney onchain
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