Odaily Planet Daily reports, according to Lookonchain monitoring, a large whale (0x3ed4) has become active again after being dormant for nearly two months, depositing $1.75 million in USDC into Hyperliquid to go long on CL crude oil. Within the past four hours, the whale opened a position of 113,000 xyz:CL contracts with 20x leverage, worth $11.52 million, at a liquidation price of $88.40.
Whale reenters market with $11.52M 20x long position in CL Crude Oil
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Summary
Whale trading activity has returned as a major force, with address (0x3ed4) reactivating after nearly two months by depositing $1.75 million in USDC into Hyperliquid. Over the past four hours, the whale opened a 20x leveraged position of 113,000 xyz:CL, worth $11.52 million. The position in CL crude oil has a liquidation price of $88.4.
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