The founder of Pastel Alpha has currently lost $380,000 due to his long positions in crude oil.

CoinFeed reported on March 10 that, according to Arkham monitoring, Pastel Alpha founder Cooker (@CookerFlips) has lost $380,000 on his long positions in crude oil. Since opening his account nearly five months ago, his total profit and loss on HyperLiquid is now -$509,000.