Oil prices fall but adding to positions persists, Hyperliquid whale's crude oil long position unrealized loss widens to $13 million
November 5th, according to TradingBeats monitoring, today, a Hyperliquid trader did not close their position during the oil price decline, but instead transferred the remaining USDC in their wallet to the platform and continued to add to their position. Currently, their unrealized loss on crude oil long positions has expanded to approximately $13 million, holding 1 million BRENT (about $95.9 million) and 581,000 CL (about $52.2 million), with a total exposure of about $148.1 million and leverage of about 9x.
Previously on November 3rd, the trader held 869,000 BRENTOIL (about $91.1 million) and 581,000 CL (about $56.2 million), with a total crude oil long exposure of about $147.3 million and leverage of 7.8x, at which time the two positions had a combined unrealized loss of about $1 million.