After losing over $1.55 million by shorting crude oil, a certain whale opened a new crude oil short position worth $6.48 million.

PANews reported on March 9 that, according to monitoring by Lookonchain, due to a surge in oil prices, whale 0x8Af7's short position of 72,179 xyz:CL contracts (worth $7.8 million) was fully liquidated, resulting in a loss of over $1.55 million. Subsequently, the whale shorted crude oil again, opening a new short position of 60,166 xyz:CL contracts (worth $6.48 million). This whale is also the largest long holder of XYZ100 on-chain, holding 1,601 xyz:XYZ100 contracts (worth $38.52 million).