A trader's short position in OIL ultimately yielded a profit of $1.7 million, after which he opened an 8x leveraged long position in BrentOIL.

CoinFeed reported on April 8th that, according to The Data Nerd, trader Loracle's short position in OIL ultimately yielded a profit of $1.7 million. Two hours earlier, he opened an 8x leveraged long position in BRENTOIL, worth approximately $5.9 million.