# Derivatives Account Opens About $10M BRENTOIL Long Position

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/33735
Published: 2026-10-17T04:55:41.000Z
Updated: 2026-10-17T04:55:41.000Z
Section: Investing

> The position was worth about $9.985 million at 1:02 p.m. ET (17:02 UTC) Oct. 16. The account’s cumulative profits exceeded $20 million.

A derivatives account tied to an address with more than $20 million in cumulative profits opened a BRENTOIL long worth about $10 million on Oct. 16.

The account opened the position between 12:51 and 12:59 p.m. ET (16:51-16:59 UTC). At 1:02 p.m. ET (17:02 UTC), the position was valued at about $9.985 million.

The address associated with the account is 0xbf732ea04197942783e34730ed6e0f6099575d58.