Crypto KOL CBB opened a short position, and within five days, oil prices surged by 50%. He has already partially stopped out his losses and raised his liquidation price to $152.

According to Mars Finance, on March 9th, Coinbob's monitoring of popular addresses showed that on March 4th, crypto KOL CBB (0xefd) opened a 3x leveraged isolated margin position in CL (WTI crude oil futures) at an average price of $77.2, with the position size reaching $18 million at one point. At that time, although oil prices were in an upward trend, the $120 liquidation price seemed to provide a sufficient safety margin. However, since the position was established, geopolitical conflicts have continued to push up oil prices. Within five days, the price of the CL contract on Hyperliquid surged by over 50%, reaching a high of $118 early this morning—only 1.6% away from its $120 liquidation price. During this period, CBB continuously closed out positions to stop losses and replenished margin to recover. Currently, the address's 3x leveraged CL short position size has decreased to $10.27 million, recording a loss of over $730,000 today. With the injection of funds and stop-loss orders, its liquidation price was pushed up to $152, temporarily escaping the danger zone. Crude oil prices subsequently fell slightly, narrowing his unrealized losses to $2.5 million, a 49% decrease, but oil prices are currently still hovering at high levels...