6 days ago, a new address was created to short on-chain crude oil, with a position worth nearly $10 million.

As of March 24th, **per HyperInsight monitoring** (link: https://t.me/HyperInsight), a whale address starting with "0xfa5db" was newly created 6 days ago. After depositing roughly $5 million in principal, it has only opened a short position on the on-chain crude oil (xyz:CL) — and now ranks as the **third-largest short holder** of that asset. Key position details: - Valued at ~$9.6 million - Entry price: $95.50 - Liquidation price: $139.844 - Unrealized profit to date: ~$400,000 ### Notes on American language habits: - Used **"per"** (common in financial/tech alerts) instead of a longer phrase for "according to." - Replaced "opening price" with **"entry price"** (standard in trading jargon for U.S. audiences). - Framed "third largest short position" as **"third-largest short holder"** (more natural, as it refers to the address/entity). - Used consistent, casual-but-clear phrasing (e.g., "~" for "approximately," "to date" for current status) common in crypto/financial alerts. - Broke details into scannable bullet points (U.S. readers prefer concise, digestible formatting for quick updates).