Crude Oil Dips to New Near-Term Low as Major Whale Short $35.7 Million Crude Oil with 3x Leverage

BlockBeats News, June 24th, according to Hyperinsight Monitoring, the WTI and Brent oil prices continued their recent decline, hitting a nearly 4-month low. On Hyperliquid, WTIOIL recorded a 24-hour decrease of about 1.63%, while BRENTOIL recorded a 24-hour decrease of about 1.46%, erasing most of the gains from the initial US-Iran conflict.

On Hyperliquid, the whale address 0x17c3 currently holds short positions for both CL and BRENTOIL, with these positions opened 4 days ago. The current unrealized profit has reached $1.3 million. The short position for CL is approximately $21.98 million, with an average entry price of $75.32; the short position for BRENTOIL is approximately $13.71 million, with an average entry price of $79.34.

Address: 0x17c3c8fdbcb7d1b240ce08965e09b1fc91cba868