Data: Multiple Whales Long Crude Oil After Price Drops Below $85

BlockBeats News, March 11th, according to Onchain Lens monitoring, despite the continuous drop in crude oil prices and breaking below $85, multiple whales are still increasing their long positions in crude oil.

Data shows that whale address '0x547' has opened a 20x leverage Crude Oil long position, while also holding a 10x leverage HYPE long position;

Another newly created wallet address '0x7f5' deposited $5 million in USD Coin into the account and established a crude oil long position with 1x leverage;

In addition, whale address '0x0e0' opened a 7x leverage long position in crude oil, while also holding 5x leverage short positions in Bitcoin and Ethereum.