Crude oil prices plunged, hitting a new recent low; a major whale shorted $35.7 million worth of crude oil with 3x leverage.
According to Hyperinsight monitoring, both WTI and Brent crude oil continued their recent downward trend, hitting their lowest levels in nearly four months. On Hyperliquid, WTIOIL fell approximately 1.63% over the past 24 hours, while BRENTOIL declined roughly 1.46% over the same period—erasing most of the gains since the initial U.S.-Iran conflict began.