20x leverage betting on geopolitical cooling, a $22 million short position went from underwater to a floating profit of $45,000. This whale's timing on the news flow is a bit precise.

CryptoWorld News: Since Trump called off the airstrike on Iran on May 18, the price of WTI crude oil has fallen by about 17% in total. Currently, on HyperLiquid, the largest WTI crude oil short position is held with 20x leverage, with a position size of $22 million and an entry average price of $88.9. This short was opened on May 26 and has already turned profitable today, with an unrealized gain of $456,000. On the macro front, three days ago, when this whale established the position, oil prices dropped sharply as expectations spread that a “U.S.-Iran peace agreement could be finalized within days.” As ceasefire expectations continued to intensify, WTI has fallen by about 7% from its high on May 26. However, up to now, the statements and stances from senior officials in both the U.S. and Iran regarding the conflict remain repeatedly oscillating—ceasefire signals and reports of clashes have been released alternately—leading the market to keep repricing oil prices again and again.