Bullish
XM39 Trader Rebuilds $10M Oil Long After Liquidating Pre-Plunge
2026-08-03 14:11:57
Trader xm39 exited $6.9M oil longs before a 9% crash, then re-entered with $10M leverage. Polymarket Iran invasion bets also increased despite floating losses.
Woofun AI data shows that predictive market trader "xm39" liquidated 82,700 lots of crude oil (CL) longs on Hyperliquid on July 31, realizing a $97,000 profit just before WTI prices fell over 9% to $80. Following the dip, the address accumulated 125,100 lots at an average entry of $80.28, creating a $9.97 million position with 20x leverage and a liquidation price of $78.12. Simultaneously, the entity added 38,000 lots to its Polymarket "United States will invade Iran by 2027" Yes position, bringing total holdings to 937,700 lots with a floating loss of approximately $62,500.
WOOFUN AI
Impact Assessment · Quick Read
The trader's rapid pivot from exiting longs to aggressively re-leveraging suggests a belief that the geopolitical easing narrative is temporary or mispriced. By maintaining heavy exposure to both oil prices and US-Iran conflict outcomes, xm39 is hedging against sudden volatility rather than committing to a single directional view. The proximity of the liquidation price to current market levels indicates high risk tolerance, potentially signaling that other large players may also be positioning for renewed tension.
Generated by WOOFUN AI · For reference only, not investment advice
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