The total liquidation amount of crude oil margin calls in the past 12 hours ranks among the top three on the entire network, with Hyperliquid's short CL whale facing a total liquidation of tens of millions.

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Mars Finance News: On March 9, according to monitoring by Hyperinsight and Coinglass, the liquidation amount for xyz:CL (WTI crude oil mapping contract) within the past 12 hours is approximately $39 million, ranking second only to BTC and ETH, and third overall on the network. The majority of liquidations were short positions. This contract was deployed by TradeXYZ on the Hyperliquid platform, and all recent liquidations came from Hyperliquid.

Affected by the rise in crude oil prices, several whales shorting CL on Hyperliquid were repeatedly liquidated, totaling over $10 million. The largest liquidation was from a whale identified as “Multiple Reversal Main Asset” (0x8af7), holding 72,178 CL isolated shorts, worth about $7.7 million, all of which have now been liquidated. Subsequently, this address quickly opened new short positions after liquidation, currently holding $5.09 million in shorts, with an average entry price of $107 and a liquidation price of approximately $137.

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