Telegram channel says an address increased its CL short position and averaged its cost basis
BIBIBI
AT A GLANCE
The channel says an address increased its CL short position by 10,674.64 units; the related position and P&L data have not been independently verified.
Article
🐘 [Commodities Trader “No. 1 WTI Crude Oil Short”] The CL short position has been averaged!
💵 Underlying: CL short position increased by 10,674.64 units, equivalent to approximately 942,284.41 USD
✦ Position size: 5,697,195.31 USD
✦ Average price: 89.56 USD → 90.28 USD
✦ Current P&L: -202,542.24 USD (-71.10%)
✦ Current price: 93.60 USD
✦ Liquidation price: 227.52 USD
🔥 Note: Holds a 33 million USD WTIOIL short position, prefers opening commodity-related positions, indirectly involves U.S. equity-related trading, with monthly profit of 17 million USD. 🔥
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Key points
01
The original text states that the CL short position increased by 10,674.64 units, equivalent to approximately 942,284.41 USD.
02
The original text lists the position size as 5,697,195.31 USD.
03
The original text states that the average price changed from 89.56 USD to 90.28 USD.
04
The original text lists current P&L as -202,542.24 USD (-71.10%).
05
The original text lists the current price as 93.60 USD and the liquidation price as 227.52 USD.
06
The address provided in the original text is 0x9e8b1e51c642f4c8b87c6ba11c53d516a218afc4.
07
The original note states that the trader holds a 33 million USD WTIOIL short position and has monthly profit of 17 million USD.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a channel message about a change in a CL short position. “Increasing a short position” means the address described in the original text increased its position betting on a price decline; “averaging” corresponds to the listed average price changing from 89.56 USD to 90.28 USD. The original text also shows that the position is currently at a loss.
Why it matters to readers
If accurate, the disclosure indicates that the address expanded its bet on a decline in CL prices; however, this is information about a single address, and the original text does not establish that it represents overall market direction.
Beginners can treat this as an unverified update on an individual trader’s position and should not use this message alone to determine the next move in crude oil prices or to follow the trade.
Risks and unknowns
The position, P&L, current price, and liquidation price all come from a single Telegram message and no independently verifiable records are provided.
The original text does not establish who controls the address or the basis for the “No. 1 WTI crude oil short” ranking.
The claimed 33 million USD WTIOIL short position and 17 million USD monthly profit are not accompanied by evidence.
The original text does not establish the specific contract unit, leverage, or time of the 10,674.64-unit increase.
The original text does not explain the calculation basis between the current P&L amount and -71.10%.
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Related concepts
Short position
This term is not in the glossary yet. Browse related concepts in the glossary.