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One address is long crude oil and is currently down nearly $10 million in unrealized losses; it has already cut losses of $586,000 (i.e., 586k USD, or 58.6 hundred-thousand USD).
Odaily Planet Daily News reports that on-chain analyst Ai Yi monitored that the address 0xebe…14070 has accumulated a long position worth $55.36 million in crude oil, including CL and BRENTOIL, with opening prices of $107.1 and $112.4 respectively. The address partially cut its position today and incurred a loss of $586k, currently still holding an unrealized loss of nearly $586k. Additionally, the address has paid $93k in funding fees.