US Natural Gas Drops 3.6% Short-Term, On-Chain NATGAS Longs Face $1.85 Million Liquidation

CoinNetwork · 2026-03-18T04:33:41+00:00

On March 18, U.S. natural gas prices fell 3.6% in the short term, with a cumulative decline of 11.6% recently, causing the largest long position holder to be liquidated with a liquidation scale of $1.856 million. Additionally, the address also held $8 million in BTC short positions and other hedging long positions, but BTC outperformed other assets, resulting in losses on both sides.

CoinNetwork

2026-03-18 04:33:41

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CoinWorld News, March 18 — According to Hyperinsight monitoring, the U.S. Natural Gas (Natural Gas) price briefly fell by 3.6%. In the past hour, the total liquidation amount on the entire network topped the list, with a cumulative decline of 11.6% over the past week. Hyperliquid currently reports a price of $2.91. As a result, the on-chain largest long position address for NATGAS (0xd50) was liquidated twice after the price fell below $2.91, and is now completely wiped out. The total liquidation volume reached 638,364 contracts, approximately $1.856 million, with a total loss of $200,000. Additionally, this address currently holds about $8 million in BTC short positions, along with equal amounts of crude oil and gold long positions as hedges. However, BTC has recently performed significantly better than most assets, leading to losses on both long and short sides.

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