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Whale “chasing the top” short oil: from a profit of nearly 6 million USD to a loss of over 2.1 million USD in just 24 hours 📉
Hyperithm’s wallet (0x9d3...ff5) saw a strong reversal when the short position in crude oil worth more than 73.05 million USD shifted from a floating profit of 5.886 million USD to a floating loss of 2.1 million USD in just a single day.
Position details:
Short CL: scale of 37.88 million USD, entry price 95.211 USD → floating loss of 1.402 million USD
Short BRENTOIL: scale of 35.17 million USD, entry price 95.986 USD → floating loss of 620,000 USD
At present, this remains:
The largest leveraged position on Hyperliquid BRENTOIL
And the third largest on CL
The market reversed too quickly—just one move was enough to go from a “hunting whale” to a “whale being hunted” 🐋💥