A certain whale who went long on $148 million of crude oil has started to cut losses, still holding nearly $100 million in long positions on Brent crude oil.

November 5th, according to on-chain data analyst Ember's monitoring, a whale who went long on $148 million worth of crude oil began to cut losses after incurring a floating loss of $15.08 million. In the past 10 minutes, this address has closed long positions worth $44.04 million in CL at a loss, realizing a loss of $4.9 million.

It is reported that this address started going long on oil prices half a month ago and gradually increased its position to $148 million. However, crude oil prices plummeted 14% this week, resulting in a loss of up to $15.08 million.

Currently, he still holds $94.79 million worth of BRENTOIL, with a floating loss of $8.35 million.