Two oil whale engaged in a price battle, with their liquidation ranges differing by only $2.

This article is machine translated
Show original

According to BlockBeats, on April 13th, Hyperinsight monitoring showed that WTI crude oil futures rose above $100 per barrel, up nearly 7.7% on the day. The WTIOIL contract on Hyperliquid saw a smaller increase, currently trading at $98.3, with a 24-hour gain of 4.3%.

As the market rallied, two oil whale on the platform simultaneously opened WTIOIL positions with 20x leverage, each holding over $1.5 million. Their average entry price was around $98, but their positions were in opposite directions.

The liquidation price for long positions was $95.1, with an average price of $97.7; the liquidation price for short positions was $100.4, with an average price of $98.3; the difference between the liquidation price and the average opening price for both sides was only about $2.5.

Long position address: 0xb322c1b811eaf8b3840133a2fc936f4c7185d51f

Airborne address: 0x0e09b56ef137f417e424f1265425e93bfff77e17

Source
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.
Like
Add to Favorites
Comments