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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MarsBit
03-12
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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.

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