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Crude oil continues to rise intraday, trader "Loracle" increases short positions to $17.5 million
BlockBeats News, April 30th, according to Hyperinsight monitoring, both U.S. and Brent crude oil prices surged over 10% within the day. The address (“Hyperliquid early contributor Lor）acle”) (0x8def…) executed a hedge operation on its WTIOIL (WTI crude oil) short positions, accumulating approximately 35k WTIOIL shorts worth about $3.85 million.
After the increase, its total WTI short position value rose to $15 million, with an average price lifted to $104.15, currently showing an unrealized loss of about $647.5k.
In addition, this address opened a BRENTOIL short position today, with a scale of $2.5 million, and two positions totaling $17.5 million, which is still being increased as of press time.
Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae