A Hyperliquid trader with a 5x leveraged long position in Brent crude oil suffered a complete margin call.

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PANews reported on March 23 that, according to Lookonchain , a trader with the address 0xF35A long of189,904 xyz:BRENTOIL contracts on Hyperliquid four days ago with an investment of approximately $ 20.19 million and a leverage ratio of 5x . The position was liquidated due to a drop in oil prices, resulting in a loss of approximately $ 3.21 million.

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