WTI Crude oil mega-short address reportedly increased its NBIS long position, with a position of approximately 3487000 USD
BIBIBI
AT A GLANCE
A post claims that a certain address increased its holdings of 2,193.75 coins NBIS in long positions, with the average price falling from 229.16 USD to 229.05 USD。
Article
🐘 [Commodities trader “WTI Crude Oil TOP 1 Short”]NBIS has averaged down their long position!
💵 Asset:NBIS Long position increased by 2,193.75 units, approximately equivalent to 475,088.13 USD✦ Position size: 3,487,229.46 USD✦ Average entry price: 229.16 USD → 229.05 USD✦ Current P&L: -20,813.00 USD (-6.19%)
✦ Current price: 227.69 USD✦ Liquidation price: 216.57 USD📌 Address: 0x9e8b1e51c642f4c8b87c6ba11c53d516a218afc4🔥 Note: Holds a 33000000 USD WTIOIL short position, prefers opening commodity-related positions, indirectly involves US stock-related trades, with monthly profit of 17000000 USD. 🔥
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Key points
01
The asset is NBIS long position, increased by 2,193.75 units; the post stated this was approximately equivalent to 475,088.13 USD。
02
The position size listed in the post is 3,487,229.46 USD。
03
The average entry price changed from 229.16 USD to 229.05 USD。
04
Current profit/loss was -20,813.00 USD (-6.19%), and the current price was 227.69 USD.
05
The liquidation price listed in the post is 216.57 USD, and the address is 0x9e8b1e51c642f4c8b87c6ba11c53d516a218afc4。
06
The note states that the trader holds a 33000000 USD WTIOIL short position, with monthly profit of 17000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Increasing long positions” means the post claims that the address continued to add bullish positions; “averaging down” means that the average purchase price declined slightly after increasing the position. The current price is below the stated average price, so the post indicates that the position is at a loss.
Why it matters to readers
The increased position size, average price, current price, and liquidation price can help readers observe the direction of the position, unrealized profit or loss, and the potential risks when the price approaches the liquidation price.
Beginners should distinguish between the average price, current price, and liquidation price: they respectively reflect the holding cost, market price, and the forced-liquidation reference price stated in the post.
Risks and unknowns
The address's ownership and the identity of a “commodity trader” cannot be confirmed solely from the post.
It cannot be confirmed whether the position, profit or loss, liquidation price, and monthly profit data are accurate or still valid.
The original text does not explain the specific meaning of “NBIS”.
The original text does not state the statistical methodology, data source, or update time.
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Related concepts
Long Position
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