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🔥A large position expecting rising oil prices was heavily withdrawn by a whale, with intraday losses exceeding $3.6 million, ranking among the top three in Hyperliquid's loss list.
On April 8, according to Hyperinsight monitoring, a "high leverage crude oil" whale significantly built a long position in WTICRUDE (WTI crude oil) at 1 a.m., when the oil price was above $111, with a position size of $20.2 million. Subsequently, the expectation of a US-Iran ceasefire led to a sharp drop in oil prices, causing the whale to incur a daily loss of $3.63 million. It ranked among the top three addresses with the largest intraday losses on the Hyperliquid platform and was also the address with the largest intraday loss in crude oil assets. The address is 0x7f5ff9f8da891ffe5229e33b90959ae1e6d5f47e.
#hype