Hyperliquid Trader Adds 1.2 Million USDC Margin to Defend Oil Shorts

A trader on Hyperliquid added 1.2 million USDC margin to adjust the liquidation thresholds on oil-linked short positions. The address holds 103,000 CL shorts and 21,000 BRENTOIL shorts with a combined value of $13.58 million. The positions were showing a floating loss of $1.8 million, while accumulated funding fees had reached $240,000. The latest liquidation prices were listed at $138.48 for CL and $144.64 for BRENTOIL.

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