US-Iran Ceasefire Expectation Briefly Interrupts Inflation Trade, 'MakerDAO Cofounder' Multi-Million Dollar Position Gives Back $600k Profit Intraday
BlockBeats News, April 1st, according to Hyperinsight monitoring, recently, MakerDAO co-founder Rune's associated address partially reduced the long position of WTIOIL (WTI Crude Oil), and the scale of crude oil and US stock index long-short combination tends to balance.
Currently, the address holds approximately $8.5 million long position in crude oil (covering WTI Crude Oil and Brent Crude Oil), and approximately $6.3 million short position in US stock indices (covering Nasdaq 100 and S&P 500), with a total position of over $14.8 million. As of the time of writing, the whale has not further reduced its position today.
Over the past week, geopolitical tensions have escalated, and the combination has realized a profit of over $1.4 million. However, today's US-Iran ceasefire signal boosted market sentiment, causing a retreat in oil prices and a rise in US stock indices. The stagflation trading logic was briefly under pressure, and the address subsequently gave back approximately $600,000 in profit.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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