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Crude oil plunged over 4% intraday, and Hyperliquid’s largest on-chain crude oil short position recorded $2.93 million in unrealized profits.

Source: t.me
According to Hyperinsight monitoring, today’s sharp decline in international crude oil prices caused prices to briefly fall below $75. On Hyperliquid, an address (0x9e8b...afc4) shorted crude oil (xyz:CL) with 20x leverage on June 12. Its current position value stands at $32.08 million, with an average entry price of $83 and a liquidation price of $87, generating an unrealized profit of approximately $2.93 million. This position is currently the largest short on Hyperliquid for xyz:CL.

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