Renowned trader loracle.hl, known for amassing $24 million in profits, has initiated a significant short position on oil. The trader has opened a 2x leveraged short on 69,924 contracts of xyz:CL, valued at $6.7 million. In addition to this move, loracle.hl maintains long positions in NVIDIA (NVDA) and PAX Gold (PAXG).
Trader loracle.hl Initiates $6.7M Short Position on Oil
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