An address deposited 10 million USDC into Hyperliquid to add to its short position on crude oil, currently facing an unrealized loss of $778,000.

BlockBeats News, May 23rd - According to AI Mama, the address 0x60a…685f6 added 10 million USDC to Hyperliquid at 3:00 AM today, followed by increasing their position by 28,500 BRENTOIL and opening a short position of 1,000 CL.

Currently, they hold a total of $15.49 million in short positions on crude oil, making it the top 3 position in Hyperliquid BRENTOIL, with an unrealized loss of $778,000 (having already paid over $600,000 in funding fees).