Two large whales turned bearish on crude oil today, increasing their short exposure by approximately $23 million.

November 9th, according to TradingBeats monitoring, the crude oil positions of two large traders on Hyperliquid both showed bearish adjustments. One whale liquidated approximately $10.54 million in Brent crude long positions in the afternoon, exiting with a profit; another whale increased short positions in both US and Brent crude in the morning, and after partial covering, still retains about $43.71 million in short exposure.

According to TradingBeats monitoring, the whale starting with 0xe4d1 sold the remaining Brent crude long position this afternoon, approximately $10.54 million, realizing a profit of about $22,200. Currently, this address has cleared its Brent crude long position.

Another whale, 0xc568, added approximately $9.19 million in WTI crude short positions and $4.2 million in Brent crude short positions this morning. It currently still holds about $14.91 million in WTI short positions and $28.8 million in Brent crude short positions, valued at approximately $43.71 million, with unrealized profit of about $186,800.

The average entry prices for the two short positions are $89.71 and $96.06, respectively.

WTI crude oil (CL) on Hyperliquid is quoted at $89.31, and Brent crude oil (BRENTOIL) at $95.68, down approximately 1.30% and 1.77% respectively over the past 24 hours.