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20x long… right into a geopolitical rug pull 😬 OMG. This one’s just… brutal timing. A fresh wallet (0xfe46…) shows up, loads $3M in USD Coin into Hyperliquid… and goes full conviction .. 20x long on Brent oil (xyz:BRENTOIL). Entry around $109.78. And then ... boom.
That US–Iran #Ceasefire headline hits… and oil just collapses. Not a small dip either---prices dropped sharply, like double-digit % in a day, one of the biggest moves in years.
So yes… wrong side of a macro event you can’t really predict.
Now the position’s sitting about -$1.37M, and with 20x leverage, that’s already getting dangerously close to the edge. Liquidation down at $77.86… which sounds far, but in this kind of volatility... Not impossible.
Address if you’re watching whether this survives or not:
0xfe46a7a9861827d77752d05a9cb31508f80fee8c