Hyperliquid Crude Oil Market: 48% of Giant Whales Entering in Recent Two Days Are Returning or New Addresses

Gate News, March 13 — According to Hyperinsight monitoring, Hyperliquid has recently become the main platform for on-chain crude oil trading. Its CL (WTI Crude Oil, U.S. West Texas Intermediate futures) contract has a 24-hour trading volume of $1.16 billion, with open interest surpassing $300 million. Additionally, new funds are rapidly flowing in. In the past two days, among the 29 new whale addresses opening CL positions, 14 are addresses that have been dormant for months or brand new addresses, accounting for 48%. From the directional preference, most of this new influx of funds is bullish, with approximately 65.5% opening long positions.
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