1. Iran has reportedly softened its stance in negotiations with the US regarding the Strait of Hormuz, potentially reducing geopolitical tensions and impacting oil prices.
2. Sky Mavis' co-founder closed short positions on crude oil and the S&P 500 for a total loss exceeding $735,000, indicating the market moved against bearish bets.
3. A crypto whale is facing a floating loss of over $840,000 after opening a 2x leveraged long on MEGA and closing an ETH short position.
Iran-US De-escalation Hopes, Major Shorts Liquidated, Crypto Whale Rekt
