Sky co-founder Rune’s crude oil long position swung from a $2M unrealized gain to a $700K loss after oil prices fell sharply. Oil surged to $117 yesterday but retreated to $85 following comments on price stability and diplomatic moves regarding Iran tensions. Rune had opened the long position around $93. Meanwhile, his short positions in ETH and US stock indices also accumulated $200K in unrealized losses as crypto and equities rebounded.
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