Sky Associates has fully closed its long positions in Ethereum, resulting in a $257,000 loss. Co-founder Rune Christensen made the move as reported by Onchain Lens monitoring. In addition to closing the ETH position, Christensen increased his long position in BrentOIL (7x) and closed his long position in CL (20x). He continues to hold short positions in SP500 (20x) and XYZ100 (7x), while maintaining a TWAP order for further trading activities.