Whale Adds $10M USDC to Hyperliquid, Increases Crude Oil Short Position Overnight; Down $778K

GateNews
CL-7.44%

According to on-chain analyst Ai Yi, at 3 AM on May 23, whale address 0x60a...685f6 deposited $10 million USDC to Hyperliquid and increased its crude oil short position by 28,500 BRENTOIL and 1,000 CL futures contracts.

The whale now holds a cumulative crude oil short position worth $15.49 million, ranking in Hyperliquid's BRENTOIL top three. However, the position is currently underwater by $778,000.

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