An on-chain address deposits 1 million USDC into HyperLiquid, uses 20x leverage to go long on crude oil, and simultaneously takes a small short position on Brent crude oil.

GateNews

2026-03-09 04:47:33

Gate News reports that on March 9, according to Onchain Lens monitoring, an on-chain address deposited 1 million USDC into the decentralized derivatives exchange HyperLiquid and opened a long position on CL (WTI crude oil futures) with 20x leverage. At the same time, the address also opened a small short position on BRENTOIL (Brent crude oil futures) with 20x leverage. Data shows that this address has previously accumulated over $94.8 million in trading profits on HyperLiquid.

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