A major whale increased its short position in crude oil to $24.6 million, becoming the largest short seller of crude oil on the blockchain.

CoinFeed reported on March 11 that, according to Lookonchain monitoring, whale 0x17c3 has continued to increase its short position in crude oil, currently holding 292,980 units of xyz:CL (US$24.6 million) in short positions, becoming the largest short seller of crude oil on the chain, with a liquidation price of US$110.01.