According to CoinMeta, the continuous decline in crude oil prices led to a large trader experiencing multiple margin calls in history, resulting in a cumulative net loss of approximately $2.43 million. Since March 19th, this trader has closed 61 trades on Brent crude oil, with 59 of them being long positions and only 2 being short positions, representing a long position ratio of 96.7%. Yesterday, their long position in Brent crude oil triggered another system liquidation, closing out 47,600 long lots, with a liquidation transaction amount of about $4.046 million and a total loss of around $275,000. After the liquidation, this account no longer holds any Brent crude oil positions.