A high-level crude oil trader, identified by the address 0x4cd, has profited approximately $300,000 from shorting WTI and Brent crude oil at their recent peaks. The trader opened short positions totaling $4.8 million at prices of $99.935 for WTIOIL and $99.03 for BRENTOIL, capitalizing on a sharp pullback in oil prices. This maneuver yielded a return rate of 26.6%. Following this success, the trader increased their short positions to $7.98 million, with current holdings showing unrealized profits of $248,000 for WTIOIL and $80,000 for BRENTOIL. The positions are leveraged at 7x, with average entry prices now at $97.90 and $94.80, respectively. Previously, on March 9, the same trader made a $1.2 million profit by shorting both oils at an average entry price of $108.