According to on-chain analytics platform Lookonchain (@lookonchain), address 0x985f deposited another 4 million USDC into Hyperliquid 45 minutes ago to maintain its crude oil short position. The address currently holds approximately $35 million in short positions for WTI crude (CL) and Brent crude (BRENTOIL), with an unrealized loss of about $1.87 million.
Address 0x985f deposits 4M USDC into Hyperliquid to maintain crude oil short positions.
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Summary
On-chain analysis shows that address 0x985f deposited 4 million USDC into Hyperliquid 45 minutes ago to maintain short positions in crude oil. The address holds approximately $35 million in WTI and Brent short positions, with a floating loss of $1.87 million. Altcoins to watch may attract attention as traders monitor market movements. Lookonchain tracked this activity, highlighting ongoing volatility in the derivatives markets.
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