PANews reported on March 11 that, according to Onchain Lens monitoring, despite the continued decline in crude oil prices, which have fallen below $85, whales are still opening long positions:

• The whale "0x547" opened a 20x leveraged long position in CL and simultaneously held a 10x leveraged long position in HYPE.
• A new wallet "0x7f5" was created, depositing 5 million USDC and opening a long CL position with 1x leverage.
• The whale "0x0e0" opened a 7x leveraged long position in CL, while simultaneously holding 5x leveraged short positions in BTC and ETH.