Major short sellers of both WTI and Brent crude oil have cut their losses on their short positions, but still hold $41 million in bearish positions on oil prices.

CoinFeed reported on March 13 that, according to HyperInsight monitoring, the address (0x985f...) that was the "main short seller of Brent crude oil" continued to reduce its holdings and cut losses in Brent crude oil this morning, with a cumulative reduction of nearly 30,000 shares, equivalent to about $5.4 million.