A whale yesterday accurately top-ticked Oil on-chain at an average price of $114, with a sky-high position that has already doubled in value

March 10th — According to the **Coinbob Popular Address Monitor** (via https://t.me/Coinbob_track_CN), WTI Crude Oil (CL) on Hyperliquid has tanked over 25% in 24 hours, now trading at $85.7 — a 26.2% drop from yesterday’s intraday high of $116. A whale with the address starting with 0x434f added crude oil positions and continuously built short positions in the $112–$116 range at 10:49 AM yesterday. It ultimately established a triple-leveraged short position at an average entry price of $114, with an initial position size of $1.83 million. As oil prices plunged sharply throughout the day, the address kept adding to its position, growing its account balance from $470,000 to $1.18 million — doubling its principal from this round of short oil trades. Currently, the address only holds the triple-leveraged CL short position, with a position size of roughly $1.72 million, a floating profit of $350,000 (33%), and an average position price of $103.9. No significant position reduction has been observed.