Whales Open Over $147 Million Long Positions in Crude Oil

On November 3, according to Lookonchain monitoring, a whale opened a crude oil long position worth over $147 million.

The BRENTOIL long position consisted of 868,840 contracts worth approximately $91 million, and the CL long position consisted of 580,960 contracts worth approximately $56.1 million. The accompanying image shows that both positions were opened using 10x cross margin leverage.