A whale opened over $147 million in long positions on crude oil, betting on rising oil prices.

November 3rd, according to Lookonchain monitoring, a whale address has recently made a large long position in crude oil, opening a total long position worth over $147 million. This includes 868,840 Brent crude oil (BRENTOIL) contracts valued at approximately $91 million, and 580,960 US crude oil (CL) contracts valued at approximately $56.1 million.