PANews reported on March 20 that, according to Onchain Lens monitoring, Sky co-founder Rune Christensen has completely closed out his long ETH position, incurring a loss of $257,000.

While closing his positions, he also increased his long position in BrentOIL (7x) and closed his long position in CL (20x). He still has a TWAP order for further opening and closing positions.

Rune still holds short positions in SP500 (20x) and XYZ100 (7x).