New Wallet Deposits $9.6 Million USDC to HyperLiquid for 20x CL Crude Futures Long
According to the latest market update, the 0x965-linked Hyperliquid whale suffered another $9.52 million in BRENTOIL liquidations within three hours before reopening a 20x leveraged short position.
A 0x965-linked whale on Hyperliquid recorded more than $9.6 million in additional BRENTOIL liquidations within three hours, adding to previously reported losses on large crude oil positions. The address first saw a $4.61 million long liquidated, then a $4.91 million short was liquidated after oil rebounded above $100. Following those losses, the whale reopened a 20x leveraged $3.91 million BRENTOIL short at $102.8 with a liquidation price of $105.5. This new update expands earlier reporting that the same trading activity had already triggered more than $20 million in BRENTOIL liquidations over 24 hours, while prior reports also showed discrepancies over whether the wallet deposited $9.6 million or $19.6 million USDC and whether related exposure was listed in CL, WTIOIL, or BRENTOIL markets.
- Hyperliquid: A decentralized trading platform that offers onchain perpetual and derivatives-style markets.
- liquidations: Forced position closures that occur when losses breach required margin requirements, causing positions to be closed automatically.
- 20x leveraged: A trading setup where a position is opened with exposure equal to 20 times the posted collateral, magnifying both gains and losses.