In the last 12 hours, the liquidation amount of crude oil futures ranks top three across all platforms, as a Hyperliquid whale's short position in CL faced a multi-million dollar forced liquidation.

BlockBeats News, March 9th, according to Hyperinsight and Coinglass monitoring data, in the past nearly 12 hours, the liquidation amount of xyz:CL (WTI Crude Oil Perpetual Contract) was about 39 million U.S. dollars, ranking third in the entire network following only BTC and ETH, with short positions being the main liquidated positions. This contract is deployed by TradeXYZ on the Hyperliquid platform, and all liquidation in this round comes from Hyperliquid.

Impacted by the surge in crude oil prices, many whales who were shorting CL on Hyperliquid were liquidated in succession, with a total scale of over tens of millions of U.S. dollars. Among them, the largest-scale liquidation came from the “repeatedly counter-positioning major asset” whale (0x8af7), with a position of 72,178 CL isolated short positions, equivalent to about 7.7 million U.S. dollars, all of which have now been liquidated. Subsequently, this address quickly opened new short positions after being liquidated, currently holding a 5.09 million U.S. dollar short position with an average price of 107 U.S. dollars and a liquidation price of about 137 U.S. dollars.