Data: Multiple whales opened long positions on crude oil after the oil price fell below $85.

MarsBitNews · 2026-03-11T01:54:57+00:00

Despite crude oil prices falling below $85, several whales continue to increase their long positions in crude oil. Monitoring data shows that whale addresses are continuously opening high-leverage long positions, and new wallets have deposited $5 million to participate in the market.

MarsBitNews

2026-03-11 01:54:57

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Mars Finance News, March 11 — According to Onchain Lens monitoring, despite the continuous decline in crude oil prices and falling below $85, several whales are still increasing their long positions in crude oil. Data shows that whale address “0x547” has opened a 20x leveraged long position in crude oil, while also holding a 10x leveraged long position in HYPE. Another newly created wallet address “0x7f5” deposited $5 million USD Coin into the account and established a 1x leveraged long position in crude oil. Additionally, whale address “0x0e0” opened a 7x leveraged long position in crude oil, while holding 5x leveraged short positions in Bitcoin and Ethereum.

HYPE-0.28%

BTC-1.44%

ETH-1.46%

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