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A major crude oil holder shifted to the storage sector, with a floating profit of $1.15 million over two weeks.
Mars Finance News, April 13 — According to Hyperinsight monitoring, the largest crude oil short position holder on Hyperliquid (0xa65) at the end of March closed their short position at a loss last week and exited the market. They then briefly opened a long position to try to bottom fish, and yesterday closed again, completely withdrawing from the crude oil market. Currently, this address has shifted its focus entirely to the U.S. stock storage sector, retaining only two long positions opened at the beginning of the month: MU (Micron Technology) and SNDK (SanDisk), with a total position size of $5.4 million, and an unrealized profit of $1.15 million.