Sky Partners' Rune's two long positions in crude oil have turned from profitable to losing, with the overall position now showing a floating loss of over $610,000.

With Brent crude oil falling below $90 per barrel, Hyperbot data monitoring shows that Rune, co-founder of Sky (formerly MakerDAO), has seen his 20x leveraged long positions in WTI crude oil futures (CL) and 7x leveraged long positions in Brent crude oil futures turn to losses. In addition, his 7x leveraged short positions in the Nasdaq 100 and 20x leveraged short positions in the S&P 500 are also in a loss-making state. His total position value has now fallen to about $3.952 million, with a floating loss of over $610,000.