According to Mars Finance, on March 12th, Lookonchain monitored that a whale deposited another 4 million USDC into Hyperliquid 45 minutes prior to continue short crude oil. Currently, it holds approximately $35 million in short positions in xyz:CL (WTI crude oil mapping contract) and xyz:BRENTOIL (Brent crude oil mapping contract), with a current unrealized loss of approximately $1.87 million.
A whale deposited 4 million USDC into Hyperliquid to short crude oil, and is currently experiencing a paper loss of $1.87 million.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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