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On-chain "WTI Crude Oil Largest Short" Keeps Increasing Position with Additional $15.6 Million, Reaching a Total Position Size of $24.3 Million

2 hours ago

**March 11th Brief** Per Hyperinsight monitoring (via https://t.me/HyperInsight), the so-called "WTI Crude Oil Largest Short" address (0x17c…) rolled over its CL (WTI Crude Oil) short positions overnight and this morning, adding ~190,006 contracts—valued at roughly $15.6 million. The address has been continuously increasing its position since overnight through the past hour. As of now, its 3x leveraged CL short totals $24.3 million, with an average entry price of $83.5, a liquidation price of $110, and a floating profit of $150,000 (1.7%). It’s currently the largest on-chain holder of CL shorts. Over the past 24 hours, the address transferred $11.5 million to Hyperliquid, most of which went toward boosting its crude oil short position. It also holds a 3x leveraged NATGAS (Natural Gas) short worth $1.43 million.
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