$CL just got hit as the Strait of Hormuz reopened

Coinglass shows $23.68M in crude liquidations over the last hour, with short-side pain only $0.06M, so the move was overwhelmingly a long flush. WTI and Brent both dropped more than 9%, and that kind of move tells you leverage was leaning one way while macro headlines cleared the lane for a fast repricing.

Not financial advice. Manage your risk and protect your capital.

#Oil #WTI #Brent #Commodities #Macro

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