A major whale deposited another 4 million USDC into Hyperliquid to increase its short position in crude oil, and is currently experiencing a floating loss of $1.87 million.

CoinFeed reported on March 12 that, according to Lookonchain monitoring, crude oil short seller 0x985f deposited another 4 million USDC into Hyperliquid 45 minutes ago to continue shorting crude oil. Currently, it holds approximately $35 million in short positions in xyz:CL and xyz:BRENTOIL, with a floating loss of $1.87 million.