BlockBeats News, March 3 — According to HyperInsight monitoring, in the past half hour, a whale starting with the address 0xf4b has opened its first on-chain large commodity trade, directly targeting WTI crude oil futures. It has built a position with 20x leverage in CL (WTI crude oil perpetual contracts), with a position size of $5.09 million. The average entry price is $72.5, with a liquidation price set at $76.5.
As the gateway to global energy transportation, the real-time status of the Strait of Hormuz is a key factor influencing oil prices. This morning, Iran announced unilaterally that the strait has been fully closed, causing WTI oil prices to briefly rise to around $73. Subsequently, the U.S. publicly responded that monitoring shows navigation through the strait remains normal, with no signs of physical blockage so far.
The position held by this address aims to bet that the U.S. statement will be validated, potentially causing some of the premium in oil prices to be reversed. However, if there is a subsequent outbreak of substantial maritime friction or if Iran’s messages are confirmed, this address could face partial liquidation due to the narrow $76.5 liquidation price.
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
FARTCOIN’s sudden, no-warning crash drops more than 25%; 38.88 million liquidated—likely because XPL’s same-team traders were running the market
FARTCOIN experienced a brief surge of more than 27% in the early hours of April 9, followed by a drop of more than 20% within 5 minutes; overall, it fell by more than 26%. Analysis suggests this incident is similar to the XPL flash-crash tactic from April 3, and is believed to be market manipulation, although no regulatory body has conducted an official investigation yet. The strategy includes using high-leverage long orders to drive the market upward, followed by large-scale selling that triggers liquidations.
MarketWhisper19m ago
A giant whale opens a 40x leveraged BTC long position with a size of $3.55 million, with the stop-loss set at $70,800.
According to Hyperinsight monitoring, the whale address starting with 0xe84 opened a 40x leveraged BTC long position on April 9, with a trade size of $3.55 million. The opening average price was $70,965. Currently, it has set sell orders totaling $1.94 million to take partial stop-losses.
GateNews45m ago
Trade.xyz launches a Nikkei 225 index contract, supporting up to 20x leverage
Gate News message: On April 9, the HIP-3 ecosystem project Trade.xyz launched a Nikkei 225 Index (Japan stock market benchmark index) contract, supporting up to 20x leverage.
GateNews1h ago
Hyperliquid HLP incurs a $1.2 million loss on long positions due to taking over Fartcoin
On-chain analyst 0xMacroGuy noted that Hyperliquid HLP lost approximately $1.2 million due to a takeover by a malicious actor of a large Fartcoin long position, representing about a 0.35% drawdown. The attacker intentionally incurred losses after establishing a large amount of leverage, causing HLP to absorb greater losses. HLP’s current TVL is $420 million, and its APR over the past month was 0%.
GateNews1h ago
Linked Wallets Lose $3.02M in FARTCOIN Long Position Liquidations
Gate News message, four wallets connected to a single entity opened long positions worth $33.3 million in $FARTCOIN over the past four hours. These positions were subsequently liquidated, resulting in a loss of $3.02 million. The trading activity has raised concerns about potential market manipulati
GateNews2h ago
Glassnode: Is the Bitcoin rebound just a dead cat bounce? Where is the key pressure level?
Glassnode reports that although the Bitcoin price rebounded to $72k due to a U.S.-Iran ceasefire, the market structure is still in a bear market. In the short term, the downside may be limited, but the $78k level faces pressure overhead. ETF capital inflows have ticked up slightly, but they have not yet fully returned; trading activity in derivatives remains sluggish, indicating insufficient market confidence. Going forward, we need to monitor changes in the futures trading and options markets.
ChainNewsAbmedia2h ago
