WTI Crude Surges 18% to $108, Major Crypto Positions Affected

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WTI crude jumped 18% to $108 per barrel on March 9, 2026, disrupting major crypto positions on Hyperliquid and CBB. A whale lost $1.55 million on a short position before re-entering with a $6.48 million bet. MakerDAO’s 7x long crude position gained over $1 million in unrealized profit. On-chain data shows increasing activity in altcoins to watch as market sentiment shifts. Polymarket priced an 84% chance of a UAE strike on Iran before March 31.

1. CBB incurred a loss of $3.81 million on a short position in crude oil contracts, with a liquidation price of $120.76;

2. A large whale had a long oil position liquidated, resulting in losses exceeding $1.55 million, then immediately opened another $6.48 million oil short position;

3. Crude oil prices reached $108, resulting in $3.4 million in unrealized losses for Hyperliquid users who shorted crude oil;

4. Peter Schiff: A surge in oil prices will not exacerbate inflation, but will trigger an economic recession;

5. A whale sold 2,879 XAUT, profiting $2.72 million;

6. Trump: Oil prices will drop rapidly after the strike against Iran's nuclear threat is completed;

7. Japan's Nikkei index fell 5.4%, posting its largest drop since the April tariff sell-off;

8. MakerDAO founder's long position with 7x leverage on crude oil has unrealized profits exceeding $1 million;

9. The probability of the event "The UAE will strike Iran before March 31" on Polymarket surged to 84% last night;

10. Mojtaba Khamenei, son of Khamenei, has been elected as Iran’s new Supreme Leader;

11. WTI crude oil surged 18%, reaching $108 per barrel.

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