The largest SOL short on-chain deposited $9 million USDC into Hyperliquid to open a 3x long position on crude oil.
According to on-chain analytics platform Lookonchain (@lookonchain), the largest SOL short address deposited $9 million in USDC to Hyperliquid within the past 10 hours and opened a 3x long position on xyz : BRENTOIL, holding 200,700 contracts valued at approximately $18.08 million. Meanwhile, this address still holds a short position of 254,800 SOL, valued at approximately $21.6 million.