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🚨🚨Analysis suggests that the United States and Iran may be close to reaching an agreement; 70 minutes before the report was released, an unusual $920 million short position appeared in the oil market.
According to BlockBeats, on May 7, based on analysis by market monitoring organization The Kobeissi Letter, about $920 million worth of crude oil short positions were established 70 minutes before Axios reported that the United States and Iran were close to reaching a “14-point agreement” to end the war.
At 3:40 a.m. ET today (3:40 p.m. Beijing time), with no major news released, nearly 10,000 crude oil short contracts were opened in the market. In notional value, this trade was worth about $920 million, an unusually large transaction for the 3:40 a.m. trading window.
Seventy minutes later, at 4:50 a.m. ET (4:40 p.m. Beijing time), Axios reported that the United States was “close” to reaching a “memorandum of understanding” with Iran to end the war.
By 7:00 a.m. ET (7:00 p.m. Beijing time), oil prices had fallen by more than 12%, and the short positions… (the final part of the original text appears to be truncated).
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Застереження. Вміст, опублікований на OKX Orbit, надається виключно в інформаційних цілях. Докладніше
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