BlockBeats News, March 9th, according to Coinbob Popular Address Monitor, on March 4th, crypto KOL CBB (0xefd) opened a 3x leveraged isolated short position on CL (WTI Crude Oil Perpetual Contract) at an average price of $77.2, with a position size peaking at 18 million. At that time, although the oil price was in an upward channel, the $120 liquidation price seemed to have sufficient safety margin.
However, since the position was opened, geopolitical conflicts have continuously driven up the oil price. Within five days, the CL contract price on Hyperliquid has accumulated a gain of over 50%, reaching a high of $118 in the early morning today—only 1.6% away from its $120 liquidation price.
During this period, CBB has been continuously liquidating to stop losses and injecting additional margin to rescue the position. Currently, the position size of the 3x leveraged CL short has dropped to $10.27 million, recording a daily loss of over $730,000. With fund injections and stop-loss actions, the liquidation price has been raised to $152, temporarily moving away from the danger zone. Subsequently, the crude oil price has slightly retreated, narrowing the unrealized loss to $2.5 million, a loss of 49%. However, the oil price is still hovering at a high level…
