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Crude oil drops more than 4% during trading, Hyperliquid's largest on-chain crude oil short position has an unrealized profit of $2.93 million.
Deep Tide TechFlow news: On June 19, according to Hyperinsight monitoring, today’s international crude oil prices fell sharply, at one point dropping below $75. On Hyperliquid, an address (0x9e8b...afc4) opened a short on crude oil (xyz:CL) with 20x leverage on June 12. The current position value is $32.08 million, with an opening average price of $83 and a liquidation price of $87. The unrealized profit is approximately $2.93 million. Currently, it is the largest short position on xyz:CL on Hyperliquid.
This address also holds gold (xyz:GOLD) and SPCX short positions. The gold short has an opening average price of $4,289, a liquidation price of $4,452, a position value of approximately $9.197 million, and an unrealized profit of $299k. The SPCX short has an opening average price of $204.411, a liquidation price of $307.017, a position value of approximately $1.404 million, and an unrealized profit of $196k.