BlockBeats news, on March 11, according to Onchain Lens monitoring, the whale 0x17c3 has continued to increase its short position on crude oil, currently holding 292,980 XYZ:CL short positions valued at $24.6 million, making it the largest on-chain crude oil short position, with a liquidation price of $110.01.
Chain's Largest Crude Oil Short Holder Holds $24.6M in XYZ:CL Short Positions
KuCoinFlashShare
Summary
On March 11, 2026, on-chain trading signals indicate that whale address 0x17c3 has increased its short positions in crude oil. It now holds 292,980 XYZ:CL short contracts valued at $24.6 million—the largest on-chain short position to date. Value investing in crypto continues to emphasize significant on-chain activity. The liquidation price is set at $110.01.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.