Crypto KOL CBB increases short positions in crude oil against the trend to $5.5 million, now the largest on-chain CL short holder
BlockBeats News, March 5, according to Coinbob Hot Address Monitoring, the price of CL (WTI crude oil mapping contract) on the Hyperliquid platform recorded a 5.4% increase today, reaching a high of $78, currently quoted at $76.4.
In this market trend, the address has been continuously opening short positions, with the current position size reaching $5.5 millions at an average price of $77.52, and a floating profit of about $80,000. As of press time, the address is still adding to its position, making it the largest short address for CL on Hyperliquid.
It is reported that this address began to build short positions yesterday afternoon when the CL price was around $74, and has since continued to add long positions in GOLD (gold mapping contract) and SILVER (silver mapping contract) today. The current position size in gold and silver has reached $8 millions. These two operations may be aimed at betting on the short-term premium of crude oil fading, while remaining bullish on the continued safe-haven sentiment in gold and silver.
Crypto KOL CBB (X: Cbb0fe) is a senior trader and on-chain player, with about 100,000 followers on the X social platform. He gained widespread attention for publicly organizing the hunt for BTC short whales worth hundreds of millions in 2025. Currently, he frequently trades commodities on Hyperliquid, mainly focusing on short positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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