According to BlockBeats, on August 31, during the rapid overnight rise in WTI crude oil prices, Polymarket trader "tetrose" continued to add to his tail-end bets that would reach $90, $95, and $100 by the end of August.
During the surge in crude oil prices from 3:35 AM to 4:07 AM on August 31st, the company completed six consecutive buy orders, adding approximately $3,182 in new investment. The implied market probabilities at the time of these buy orders at the $90, $95, and $100 targets were approximately 3.63%, 1.50%, and 0.70%, respectively; the current probabilities are 4.5%, 1.6%, and 0.5%, respectively.
Tetrose currently has a total cost of approximately $38,900 for its three Yes positions, with a current value of only about $8,291. Overall, it is still in a floating loss of about $30,600, or about 78.7%, with the $95 position alone in a floating loss of about $26,900.
Following the rise in oil prices, this morning, a Tetrose-linked address placed a buy order for 3,618.13 contracts at $88.70 after taking profit on 5,349.14 contracts of Brent crude oil long positions, intending to wait for a price pullback before re-entering long positions, amounting to approximately $320,900. This order remained unfilled due to the continued rise in crude oil prices and was cancelled at 1:22 PM.
Meanwhile, the short position in the S&P 500 established on August 28 remains intact. Currently, this address is fully leveraged with a 50x leveraged short position of 274,773 contracts in the S&P 500, with a position value of approximately $2.113 million. The average entry price was 7759.6 points, resulting in a floating profit of approximately $19,200. A take-profit order covering the entire position has been placed at 7600 points.
Historical records show that "tetrose" had 274 closed positions in oil price and geopolitical themes such as Iran and Hormuz, of which 150 were profitable and 124 were loss-making, with profitable positions accounting for approximately 54.7% and accumulating a profit of approximately US$641,900.