Sky Associates has completely closed out its long positions in ETH, incurring a loss of $257,000.

CoinFeed reported on March 20th that, according to Onchain Lens monitoring, Sky co-founder Rune Christensen has completely closed his long ETH position, incurring a loss of $257,000. Simultaneously, he increased his long position in BrentOIL (7x) and closed his long position in CL (20x). He still has a TWAP order for further opening and closing positions. Rune still holds short positions in SP500 (20x) and XYZ100 (7x).