Two long crude oil positions held by Sky co-founder Rune have shifted from profit to loss, with overall positions currently showing a floating loss of over $610,000.
According to Odaily, as Brent crude oil fell below $90 per barrel, Hyperbot data shows that the 20x leveraged crude oil futures long position on CL (WTI crude oil) and the 7x leveraged Brent Oil long position of Sky (formerly MakerDAO) co-founder Rune have both turned into losses. In addition, his 7x leveraged Nasdaq 100 short position and 20x leveraged S&P 500 short position are also in a loss state. The total position value has now fallen to around $3.952 million, with an unrealized loss of over $610,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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