As oil prices fall, the trader is still holding onto his longs. He just deposited the remaining USDC in his wallet into Hyperliquid and…
As oil prices fall, the trader is still holding onto his longs. He just deposited the remaining USDC in his wallet into Hyperliquid and added more to the position. He is now down $13M on his oil longs and still holds 1M BRENT ($95.9M) and 581K CL ($52.2M), bringing his total oil exposure to $148.1M on 9x leverage. https://hyperdash.com/track/0x0cc159b29f45c9cc0da41326d7e18e04245bc7cb UPDATE: He started reducing his position just seconds after I posted this, as the market continued to drop.
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