Two Hyperliquid Traders Shift About $23 Million Toward Crude Shorts

Two large traders on Hyperliquid shifted about $23 million toward bearish crude-oil exposure Monday, as one closed a Brent long and another added short positions in WTI and Brent.

Address 0xe4d1 exited its remaining Brent long, valued at about $10.54 million, and booked a profit of roughly $22,200. The position is now closed.

Address 0xc568 opened about $9.19 million in WTI shorts and $4.2 million in Brent shorts. It retained WTI shorts worth about $14.91 million and Brent shorts worth $28.8 million, for combined exposure of approximately $43.71 million. The positions showed an unrealized profit of about $186,800.

The two short positions had average entry prices of $89.71 for WTI and $96.06 for Brent. Hyperliquid’s WTI contract (CL) stood at $89.31 and its Brent contract (BRENTOIL) at $95.68; both were lower over the preceding 24 hours, by about 1.3% and 1.77%, respectively.