On-chain monitoring shows several large traders whales shorting WTI crude oil contracts CL on platforms like Hyperliquid using high leverage.

One well-known trader shorted about 127,175 CL contracts at ~$78.37, with a notional value around $13.7M.

Another whale opened a 20× leveraged short worth about $14M across oil contracts.

These positions are among the largest on-chain short bets on oil during the recent surge in oil prices driven by geopolitical tensions.

#OilPricesSlide OilTops$100