Whale Loses $10 Million on $55.36M Crude Oil Long Positions, Realizes $586K Loss on May 6

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According to BlockBeats, a whale address (0xebe…14070) accumulated $55.36 million in long positions on crude oil (CL and BRENTOIL) on May 6, with entry prices of $107.1 and $112.4 respectively. The address realized $586,000 in losses after partial liquidation today and remains down approximately $10 million on the position. Funding fees paid amounted to $93,000.

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