「Multi-Bet Global Asset」 Whale Empties Crude Oil Long BTC and QQQ Short, Experiences Double Kill, Monthly Loss Reaches $7.3 Million

March 9th — Per data from Coinbob Popular Address Monitor, the multi-asset-focused whale address 0x8af is once again trapped in a bull-bear tug-of-war, driven by today’s dual pullback in U.S. stocks and crypto markets plus a sharp crude oil surge. Its Nasdaq 100 and BTC long positions have seen widening unrealized losses, while its crude oil short was fully liquidated—with total position size exceeding $50 million. The whale has recently clashed with market momentum. Over the past 10 days, it continuously added to its XYZ100 (Nasdaq 100-tracking contract) position, growing from $20 million to $38.5 million (the largest on-chain Nasdaq long). Today’s stock pullback pushed this position into $1.268 million in unrealized losses. Its BTC long, opened near a local high, holds $8.31 million and faces $290,000 in unrealized losses (-140%). Additionally, the address previously shorted silver right before its rally and got trapped in a crude oil short ahead of today’s surge: its $7.7 million crude short was fully liquidated. Since then, it opened a new $5.1 million CL (crude futures) short, which as of press time faces $300,000 in unrealized losses (-20%). Ten days ago, the whale held heavy Nasdaq/BTC longs plus a $12 million silver short—all three lost money as risk assets pulled back and silver rose. After closing BTC and silver positions, it re-entered BTC longs and crude shorts over the past four days, only to pick the wrong side again. The address previously netted over $50 million from meme coin shorts. But since shifting to commodity trading last month, its monthly losses hit $7.3 million—including over $1.7 million in unrealized losses today alone.