Oil Prices Retreat on Ceasefire Hopes, Crypto Whales Place Opposing Multi-Million Dollar Bets

Market News
1. Oil prices have pared gains in response to reports of a potential 45-day ceasefire being negotiated between the US and Iran, which could ease supply tensions.
2. A crypto whale, thomasg.eth, has liquidated approximately $26.49 million worth of assets, including 11,409 ETH and 13,150 AAVE, signaling significant selling pressure.
3. Trader Huang Licheng opened a $17.24 million long position on ETH with 25x leverage, indicating a strong counteracting bullish sentiment in the market.