Brent Oil Short Whale Liquidated $13.2M as Strait of Hormuz Tensions Spike Prices

A whale's failed TWAP exit on 152,500 BRENTOIL shorts triggered a $13.2M liquidation at $86.61. Hormuz reopening disputes drove the 5% price surge, marking the largest single margin call today.

Woofun AI reports that a whale address starting with 0x000 faced a forced liquidation of 152,500 BRENTOIL contracts early on August 11, resulting in a $13.209 million margin call. The account held short positions with an average entry of $80.58 but could not exit fast enough as prices rose. A "only reduce position" TWAP order executed only 26,800 contracts before the remaining 85% were liquidated at $86.61. This event, driven by renewed Strait of Hormuz supply disruption risks, caused Brent crude to jump 5% to $87.72. The account has accumulated $1.162 million in net losses since August, including a prior $3.823 million liquidation on August 4.