# Oil Whale Realizes $4.9 Million Loss After Cutting $44.04 Million CL Long

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49710
Published: 2026-11-06T01:42:04.000Z
Updated: 2026-11-06T01:42:04.000Z
Section: Investing

> The trader began building its oil position about two weeks ago, adding to $148 million. It still held $94.79 million in BRENTOIL with an $8.35 million unrealized loss.

On Nov. 5, a trader closed $44.04 million in CL longs for a $4.9 million realized loss after its unrealized loss reached $15.08 million.

The trader began building its oil long about two weeks earlier, adding to the position until it reached $148 million. It started cutting its exposure after the unrealized loss hit $15.08 million and closed the CL longs over a 10-minute period.

The trader still held a $94.79 million BRENTOIL position, which showed an $8.35 million unrealized loss.