WTI crude oil rises 3.2% in the short term, with all on-chain short positions worth tens of millions falling into losses

MarsBitNews · 2026-03-20T10:29:15+00:00

On March 20, international oil prices surged in the short term, with WTI crude oil accumulating gains of 3.2%. Despite this, whales holding positions exceeding tens of millions of dollars on-chain were predominantly in short positions, suffering unrealized losses, with the largest position facing a loss of $1.43 million.

MarsBitNews

2026-03-20 10:29:15

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Mars Finance News, March 20 — According to Hyperinsight monitoring, during the pre-market hours, international oil prices surged rapidly, with WTI crude oil rising a total of 3.2% since 4 p.m. Hyperliquid’s CL (WTI crude oil) contract prices also increased accordingly, currently at $96.4. The on-chain holdings exceeding ten million dollars are all whales on the short side, all caught in floating losses during this rally. Among them, the largest on-chain CL position is held by the “U.S. and Brent main short army” (0x985), which currently holds a 20x leveraged short position in CL. Their floating loss has expanded to $1.43 million, with a position size of about $24 million, at an average price of $90.42.

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