Odaily Planet Daily reports, according to Onchain Lens monitoring, a newly created wallet deposited 1.86 million USDC into HyperLiquid and opened a long position of 131,635 barrels of crude oil with 7x leverage, valued at $12 million.
New wallet opens a $12 million crude oil long position with 7x leverage.
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Summary
A new wallet deposited 1.86 million USDC into HyperLiquid and opened a leveraged long position in crude oil, comprising 131,635 contracts with 7x leverage, resulting in a total exposure of $12 million. This move underscores aggressive position trading strategies in the energy derivatives market.
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