On-Chain Trader Builds $36.95 Million Long Position in WTI and Brent
Photo: TokenPost
A single on-chain trader held about $36.95 million in long positions tied to West Texas Intermediate (WTI) and Brent crude on Oct. 20, making it the largest on-chain crude oil long at that snapshot. The account, identified by an address beginning 0x0cc1, added a net $32.785 million across the two contracts over the preceding 24 hours. WTI accounted for $21.828 million of the increase, while Brent accounted for $10.957 million. The WTI position was worth about $24.001 million, compared with $12.948 million for Brent. Together, the positions showed approximately $639,000 in unrealized gains.
Source: TokenPost
