"Chasing gains and killing losses" giant whale oil short positions and BTC long positions were liquidated with a scale of 9.76 million, making it the largest liquidation address in the entire network.

BlockBeatNews · 2026-04-02T03:08:22+00:00

On April 2nd, Hyperinsight detected that the whale 0x965 experienced a massive liquidation during the crude oil rally and BTC decline. The BRENTOIL short and BTC long positions lost a total of over $9.6 million, making it the largest single liquidation on the entire network, with losses of $4.69 million and $5.06 million respectively, resulting in significant damage.

BlockBeatNews

2026-04-02 03:08:22

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BlockBeats news, April 2, according to Hyperinsight monitoring: amid a sharp rise in crude oil and a significant pullback in BTC, yesterday the whale (0x965) that chased gains and cut losses in crude oil saw its BRENTOIL short position and BTC long position incur losses in both directions, and was subsequently fully liquidated. It became the #1 address across the entire network by the largest single liquidation today, as well as the largest liquidation scale among all bulk commodities aggregated across the network. Among them:

BRENTOIL short: a total liquidation of $4.69 million, recording a loss of about $137,000; it has since reopened a 20x leverage short position, with a size of $5.67 million and a liquidation price of $107.3;

BTC long: a total liquidation of 75.3 BTC longs, roughly $5.06 million, recording a loss of about $70,000, with a single liquidation size of $4.05 million;

It is reported that this address, during yesterday’s crude oil consolidation period amid a highly volatile market, repeatedly chased gains and cut losses in the dramatic swings; within three hours, both long and short sides were liquidated one after another in both directions, with the total liquidation amount from long and short positions exceeding $9.6 million.

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