Monitoring shows that the newly created wallet address 0xEbE deposited 10 million USDC into HyperLiquid and opened a 630,000 BRENTOIL short position with 20x leverage. Another associated address, 0x9D3, holds short positions with 20x leverage, including 250,000 BRENTOIL (valued at $22.5 million) and 210,000 CL (valued at $18.2 million). Both addresses were initially funded by FalconX. (Onchain Lens)
Two addresses open high-leverage short positions on HyperLiquid
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Summary
Two newly created addresses, 0xEbE and 0x9D3, have deployed aggressive leverage trading strategies on HyperLiquid. Address 0xEbE deposited 10 million USDC to open a 20x short position of 63,000 BRENTOIL. Address 0x9D3 holds a 20x short position consisting of 250,000 BRENTOIL ($22.5 million) and 210,000 CL ($18.2 million). Both wallets were initially funded by FalconX. This activity represents clear on-chain trading signals of bearish sentiment toward energy derivatives.
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