On-chain analyst Yu Jin says a whale that booked a $8.99m profit selling ETH half a month ago has been building a crude oil long on Hyperliquid, now worth $148m and showing an unrealised loss of $540,000.
The story so far: Hyperliquid whale oil longs
An analyst flagged an address holding over $24m in long oil positions on Hyperliquid. The whale added about $51.8m of Brent crude longs, lifting its Brent position about 130.5% to 868,800 contracts at an average of $104.05. Analyst Yu Jin now says the crude oil long is worth $148m with a $540,000 unrealised loss.
Analyst Ai Yi says address holds over $24m in long oil positions on Hyperliquid
Analyst Ai Yi says an address is long oil across Hyperliquid, holding the top CL position at 149,000 contracts worth $14.7m, entered at $98.14, and the fourth-largest BRENTOIL position at 93,000 contracts worth $9.98m, entered at $106.
Hyperliquid whale holds $147m in 10x leveraged oil longs, down $954,900
A Hyperliquid whale bought about $51.8m of Brent crude longs, lifting its Brent position by about 130.5% to 868,800 contracts at an average of $104.05. Its two 10x cross-margin longs are worth about $147m and show a combined unrealised loss of about $954,900.
Whale moves to Hyperliquid for $148m crude oil long, Yu Jin says
On-chain analyst Yu Jin says a whale that booked a $8.99m profit selling ETH half a month ago has been building a crude oil long on Hyperliquid, now worth $148m and showing an unrealised loss of $540,000.
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