Hyperliquid Whale Holds $147M Crude Oil Position with $954,900 Floating Loss

Odaily Planet Daily report: Brent crude oil futures closed down 7.63% at $104.77; WTI crude closed down 7.36% at $96.46. The Iranian president stated that the Supreme Leader has granted the government partial authority to advance peace negotiations. During the oil price decline, a Hyperliquid whale accumulated approximately $51.78 million in Brent crude long positions this morning, increasing Brent crude open interest from 377,000 contracts to 868,800 contracts—a 130.5% increase—with a weighted average purchase price of approximately $104.05. As of publication, the whale holds two 10x leveraged full-position longs: Brent crude position valued at approximately $91.176 million with an average entry price of $105.03, carrying a paper loss of about $78,700 and a liquidation price of approximately $86.85; WTI crude position valued at approximately $56.1922 million with an average price of $98.23, carrying a paper loss of about $876,200 and a liquidation price of approximately $69.67. Combined notional value of both crude long positions is approximately $147 million, with a current paper loss of about $954,900. Today’s position increase was concentrated in Brent crude, while WTI positions decreased by approximately $600,000 during the same period.