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Crypto World News reports that, according to HyperInsight monitoring, WTI crude oil futures broke above $100 per barrel today, rising nearly 7.7% intraday. The WTIOIL contract on Hyperliquid followed with a smaller increase, currently at $98.3, a 4.3% rise over 24 hours.
As the market surged, two major crude oil whales on the platform simultaneously opened WTIOIL positions with 20x leverage, each holding over $1.5 million in positions, with entry prices around $98, but in opposite directions.
One, the 0xb322 long position, has a liquidation price of $95.1, with an average entry of $97.7; the 0x0e09 short position has a liquidation price of $100.4, with an average entry of $98.3; the difference between each position's liquidation price and entry price is only about $2.5.