Sky Co-Founder Rune closes a 7x short position on the Nasdaq 100, with an overall ROI of -22.68%.

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Rune, co-founder of Sky, recently closed his 7x short position on the Nasdaq 100, according to Hyperbot data. This trading move occurred 16 hours ago as he adjusted his exposure. He now holds long positions totaling approximately $518,000, including a 20x leveraged bet on WTI crude oil and a 7x long position in Brent Oil. Rune also maintains a 20x short on the S&P 500 valued at $159,000. His overall position sizing reflects a mixed outcome, with a total value of $678,000 and a floating loss of $61,000, resulting in a -22.68% ROI.

Odaily Planet Daily reports, according to Hyperbot data, Rune, co-founder of Sky (formerly MakerDAO), has fully closed his 7x leveraged Nasdaq-100 short position 16 hours ago. He currently holds a long position worth approximately $518,000, including a 20x leveraged long position in crude oil futures CL (WTI) and a 7x leveraged long position in Brent Oil. Additionally, he holds a 20x leveraged short position in the S&P 500, valued at $159,000.

Currently, all of Rune's positions are in loss, with the total position value declining to approximately $678,000, resulting in an unrealized loss of about $61,000 and a return on investment of -22.68%. He entered long positions last month when oil prices were rising, and his unrealized profits once exceeded $1 million. However, due to recent volatility and a decline in oil prices, his long oil positions have turned from profitable to losing.

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