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WTI crude oil surged over 20% this morning, with the largest on-chain crude oil long position's unrealized profit reaching $1.7 million.
Mars Finance News, March 9 — According to Coinbob’s popular address monitoring, the WTI crude oil mapping contract on Hyperliquid surged above $110 this morning, up 22%, currently trading at $117 per barrel. The largest long whale (0x30d) holding the on-chain CL (WTI crude oil mapping contract) opened a 20x leveraged long position two days ago, with an average entry price of around $92. The unrealized profit has now expanded to $1.7 million (45%), with a position size of approximately $8.7 million.