According to TradingBeats monitoring, the suspected liquidity provider address 0x17c3 received approximately $42 million in crude oil short orders, of which $26.05 million was transacted through Maker orders. The address shorted 245100 units of WTI crude oil and 243400 units of Brent crude oil with 3 times leverage, resulting in a WTI crude oil short order value of $20.445 million and a floating loss of $1.079 million; Brent crude oil short orders were worth $21.538 million, with a floating loss of $1.132 million. The total floating loss of two short positions was 2.211 million US dollars, accounting for 90.7% of the total position of 46.268 million US dollars in the account. This address added 10 million USD of USDC to the account early this morning, and a total of 25 million USD has been transferred since August 7th. The address currently holds 26 underlying positions with a total nominal value of $46.268 million, resulting in an overall floating loss of $2.152 million and a cumulative loss of $6.102 million over the past 30 days.
