Sky Partners' Rune closed its short position in the Nasdaq 100 with 7x leverage, resulting in an overall portfolio return of -22.68%.

Hyperbot data shows that Rune, co-founder of Sky (formerly MakerDAO), closed all his 7x leveraged short positions in the Nasdaq 100 16 hours ago. He currently holds long positions worth approximately $518,000, including 20x leveraged long positions in WTI crude oil futures (CL) and 7x leveraged long positions in Brent crude oil. He also holds 20x leveraged short positions in the S&P 500, worth $159,000. Rune's overall portfolio is currently in a loss position, with the total value of his positions falling to approximately $678,000, a paper loss of approximately $61,000, and a return on investment of -22.68%. He entered long positions last month when oil prices rose, and his paper profit once exceeded one million dollars. However, the recent volatility and decline in oil prices has turned his long oil positions from profit to loss.