I thought he’d made $8.99 million and would take a breather, but instead, he immediately opened a long position in crude oil. In early June, he borrowed 30 million USDS from Spark through circular collateralization and bought 18,212 $ETH at an average price of $1,647. On October 19, he sold 12,468 $ETH at an average price of $2,368, receiving 29.52 million USDC. According to @embercn’s calculations, this trade generated a profit of $8.99 million. Shortly after, he transferred 20 million USDC to Hyperliquid and opened a crude oil long position worth approximately $22.4 million. Both the CL and BRENTOIL positions carry 3x full-collateral leverage. Just after locking in profits on crypto, he shifted his bets to a different market. https://t.co/dnedRNVcpE