---
title: "Brent Oil Prices Fall Below $100, Triggering Liquidation of Whale Positions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285504997.md"
description: "On May 7, Brent oil prices fell below $100, leading to the liquidation of two major whale positions totaling 30,500 BRENTOIL long contracts worth approximately $3.02 million. The liquidation occurred at prices of $99.8 and $97.8 after the whales had established their positions when Brent oil dropped to $98, aiming to capitalize on a rebound."
datetime: "2026-05-07T07:34:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285504997.md)
  - [en](https://longbridge.com/en/news/285504997.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285504997.md)
---

# Brent Oil Prices Fall Below $100, Triggering Liquidation of Whale Positions

On May 7, Brent oil prices experienced a short-term decline, according to BlockBeats On-chain Detection. Hyperinsight reported that BRENTOIL on Hyperliquid fell below $98, losing the $100 mark once again. This downturn led to the forced liquidation of two major whale positions holding a total of 30,500 BRENTOIL long contracts, valued at approximately $3.02 million. The liquidation prices were set at $99.8 and $97.8. Both whales established their positions last night when Brent oil had dropped to $98 and showed signs of a minor rebound. They opted to go long near the $100 mark, placing their liquidation lines just below $100, possibly aiming to capitalize on a rebound. Addresses involved in the liquidation are 0x6fefdc7b1f6e21c2df6564444547a88d3682e993 and 0x20b7807939c774a152b396beb704acac68fa10fe.

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