Gate News reports that on March 9, according to Hyperinsight monitoring, the price of WTI crude oil (West Texas Intermediate) briefly dropped to $97 per barrel. As a result, the mapped contract (CL) on Hyperliquid for this asset temporarily fell below $94, causing a liquidity squeeze and a downward spike. During this period, two whales took action, continuously adding long positions:
A whale starting with 0x202 precisely entered at a narrow liquidation price with 20x leverage, opening a long position of 39,500 barrels of crude oil at an average price of $95.38, approximately $3.75 million. Later, during the price rebound to $100, they partially closed to take profits, with current holdings worth about $3.65 million, a liquidation price of $92.9, an unrealized profit of $230,000, and a 57% return.
The “Shanzhai Air Force Leader” whale continued to add longs as the price fell below $100, up to $96, and increased their position again during the rebound. The short-term position size exceeded $7.7 million, with an average price of $100.3, a liquidation price of $76.9, an unrealized profit of $100,000, and a 5% return.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Dogecoin Holds $0.094 as X Cashtags Drive Market Attention
Key Insights
Dogecoin holds above $0.094 despite market weakness as Bitcoin and Ethereum stabilize, reflecting resilience and sustained demand across major cryptocurrencies during the consolidation phase.
X launches smart cashtags enabling real-time crypto and stock tracking, improving marke
CryptoNewsLand51m ago
$773M Crypto Liquidations Hit Shorts on April 18
On April 18, 2026, crypto markets saw $773 million in liquidations, primarily affecting short traders (77% of losses) due to a sudden price rise. This incident highlighted the risks of leverage in trading, leading to forced position closures.
CryptoFrontier7h ago
ETH falls below 2350 USDT
Gate News bot message, Gate market shows that ETH has fallen below 2350 USDT, with the current price at 2349.73 USDT.
CryptoRadar8h ago
BTC breaks below 76000 USDT
Gate News bot message, Gate market data shows that BTC has broken below 76000 USDT, current price is 75996.9 USDT.
CryptoRadar9h ago
ETH breaks below 2400 USDT
Gate News bot message, Gate market data shows that ETH has broken below 2400 USDT, with the current price at 2399.93 USDT.
CryptoRadar16h ago
MicroStrategy Stock Rallies as Bitcoin Breaks $78K, Unrealized Gains Return to $1.37B
MicroStrategy's stock surged 13.83% as Bitcoin reclaimed $78,000, returning the company to an unrealized profit of $1.37 billion. The rise follows easing tensions in the Middle East and a broader rally in risk assets, despite criticism of its preferred stock.
GateNews17h ago
