During the brief dip of on-chain WTI crude oil to $94, two major whales "caught the needle" and built up million-dollar long positions

CoinNetwork · 2026-03-09T13:45:59+00:00

On March 9th, WTI crude oil prices briefly dropped to $97 per barrel, causing the Hyperliquid platform's contract prices to temporarily fall to $94. Two whales opened positions during this period at prices of $95.38 and $96.00, respectively, with the former holding an unrealized profit of 230,000 yuan and the latter holding an unrealized profit of 100,000 yuan.

CoinNetwork

2026-03-09 13:45:59

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Crypto World News: On March 9, according to Hyperinsight monitoring, WTI crude oil prices briefly dropped to $97 per barrel. As a result, the mapped contract (CL) on Hyperliquid briefly fell below $94, causing a liquidity squeeze and a downward spike. During this period, two whales made continuous buy orders: the 0x202 whale used a very narrow liquidation price with 20x leverage to precisely catch the dip, opening a long position of 39,500 barrels at an average price of $95.38, approximately $3.75 million. Later, during the price rebound to $100, some positions were partially closed for profit, with current holdings worth about $3.65 million, a liquidation price of $92.9, and an unrealized profit of $230,000 (57% return). The “Shanzhai Air Force Leader” whale continued to buy long positions after the price fell below $100, up to $96, and added more during the rebound, with a short-term position exceeding $7.7 million, an average price of $100.3, a liquidation price of $76.9, and an unrealized profit of $100,000 (5%).

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