If Brent crude oil continues to rise above the $110 mark, trader Loracle's short position of 5.1 million may face liquidation.

MarsBitNews · 2026-04-02T09:15:00+00:00

Due to the tense situation between the United States and Iran, Brent crude oil prices continue to rise, briefly surpassing $109. The whale address holding $5.18 million in short positions may face liquidation if the price exceeds $110, while the largest long address has suffered significant unrealized losses and no longer has sufficient margin to support its long position.

MarsBitNews

2026-04-02 09:15:00

Abstract generation in progress

Mars Finance news. On April 2, according to monitoring by Hyperinsight, the situation between Iran and the U.S. has kept oil prices rising. On Hyperliquid, the BRENTOIL (Brent crude oil) contract price briefly broke above $109. If it continues to rise to above $110, the address of the “Hyperliquid Early Contributor Loracle” (0x8def…) may face partial liquidation. This whale currently holds a Brent crude oil short position with a notional value of $5.18 million, at an average price of $109 and a liquidation price of $111. This is the on-chain position address currently closest to its liquidation price. In addition, the liquidation price of the largest long address on-chain (0x965) is $104.8, with a size of $4.538 million. In contrast, this address is trapped in a large unrealized loss on its S&P 500 short positions, and the account has no remaining margin to support the long position opened per tranche of BRENTOIL.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.