Calm Bet on Oil Turned Into a $923K Win...........Back on Feb 24, when U.S.–Iran tensions were starting to heat up, this trader opened a pretty bold position 40,000 $CL ( #WTI crude) contracts at $66.41, about $2.65M worth. At the time it probably looked early… maybe even risky.

Then things escalated. The conflict grew, Iran blocked the Strait of Hormuz, and suddenly the oil market woke up in a big way. Prices kept pushing higher in the following days.

What’s interesting is the trader did absolutely nothing during the chaos. just held the position while the rally played out.

Finally today on Mar 7, when #crude futures touched around $89.5, the trader closed the trade and walked away with about $923,603 in profit after just 11 days.

For context, CL is the exchange code for WTI crude oil futures --- basically the ticker traders use when trading light crude contracts.

Address:

0x3b11267dfc4b9ebe8427e8f557056b4b6ce98112