BlockBeats message, April 8, according to Hyperinsight monitoring, the “low-multiple heavy-position crude oil” whale opened a large position in WTICRUDE (WTI crude oil) long positions at 1:00 a.m. this morning. At that time, the oil price was above $111. The position size reached $20.2 million, which may have been a bet that after the deadline set by Trump, the U.S.-Iran situation would further deteriorate.
However, the news then took a sharp turn for the worse. With expectations of a U.S.-Iran ceasefire being realized and oil prices plunging, the whale reversed its position during the day. In the same period, it suffered a loss of $3.63 million, becoming one of the top three addresses on Hyperliquid’s intraday loss leaderboard, and it was also the address with the largest intraday loss among crude oil underlying assets.
Address: 0x7f5ff9f8da891ffe5229e33b90959ae1e6d5f47e
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
