ChainThink reports that on March 25, according to Lookonchain monitoring, the whale who previously sold 255 BTC to short the market has opened a 40x short position of 1,000 BTC (approximately $70.7 million) and a 20x long position of 202,155 xyz:BRENTOIL tokens (worth $19.25 million). Both positions are currently at a loss. The trader had previously realized a paper profit of $25.16 million but is now down $33.39 million.
Whale’s 40x BTC short and 20x crude oil long positions are both in loss
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Summary
On March 25, 2026, a whale opened a 40x BTC short and a 20x crude oil long, resulting in a combined floating loss of $33.39 million. The 1,000 BTC short (~$70.7 million) and 202,155 xyz:BRENTOIL long (~$19.25 million) were initially profitable. Traders are now assessing stop-loss strategies amid shifting support and resistance levels.
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