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07:32
The peace agreement pushes the "top crude oil long position" to the brink of liquidation: self-rescue cut-loss liquidates $19.3 million long positions, with the remaining position only $1 away from liquidation
BlockBeats News, June 17 — According to monitoring by Hyperinsight, due to the continuous decline of Brent and WTI crude oil prices following the signing of a peace agreement, a whale who had established large long positions in crude oil on Hyperliquid shortly after the US-Iran conflict began has fallen into a substantial unrealized loss, with positions coming close to the liquidation threshold. This afternoon, as the liquidation price was less than 1 USD away, the whale repeatedly closed positions to cut losses in a self-rescue manner, closely resembling a "manual forced liquidation." As of press time, the whale closed a total of 118,000 BRENTOIL long contracts and 136,000 WTIOIL long contracts within one hour, worth approximately 19.33 million USD. Previously, this address held 169,700 BRENTOIL and 171,600 WTIOIL long positions, with a total position exceeding 25.85 million USD at its peak, making it the largest combined long position holder for the two oils on Hyperliquid. Over the past 7 days, the whale has accumulated losses of over 4.7 million USD. Currently, the whale still holds long positions worth 6.6 million USD, with the next liquidation prices at approximately 76.4 USD for Brent crude and 73.8 USD for WTI crude, still just 1 USD away from the liquidation threshold. Address: 0x0e0bf22e3595687a8756e1e9862a20944d0be57e
07:30
FTSE 100 trades flat after UK inflation data release, energy stocks under pressure
The FTSE 100 index remained flat on Wednesday as investors digested UK inflation data and awaited the Federal Reserve's policy decision to look for further signals about global interest rate prospects. Falling oil prices dragged the index down, with energy giants Shell and BP both dropping around 1%.British American Tobacco and Rio Tinto also fell more than 1%, while Unilever declined by about 0.7%. On the upside, Rolls-Royce rose about 1.5%, and AstraZeneca also moved higher.The UK market lowered expectations for a Bank of England rate hike this year, as May inflation unexpectedly held steady, supporting a more cautious stance by some policymakers ahead of Thursday's meeting. Meanwhile, Brent crude dropped to a three-month low, as the market anticipates that a US-Iran agreement to reopen the Strait of Hormuz will increase supply and ease inflation pressure.Investors are now focusing on the Federal Reserve's latest decision and its outlook on policy prospects.
07:28
Bitcoin dips slightly to $65,522 ahead of the Federal Reserve decision
Bitcoin fell by 0.4% to $65,522, as the market focuses on the policy stance of Federal Reserve Chair Kevin Walsh. Deutsche Bank analysts stated that Federal Reserve Chair Kevin Walsh tends to favor the middle ground within the Federal Open Market Committee. Iranian Foreign Minister Abbas Araghchi stated that reaching a peace agreement with the United States depends on Israel withdrawing its troops from Lebanon.
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