A whale that went long on Brent crude oil last night has already suffered a paper loss of $923,000.

CoinFeed reported on March 20th that, according to on-chain analyst @ai_9684xtpa, a whale who went long on Brent crude oil last night has already suffered a floating loss of $923,000. The address 0xf35…1338a started going long on BRENTOIL at 9 PM last night and added to its position again at 3 AM this morning, now holding 203,000 tokens (worth $20.83 million), making it the top-ranked BRENTOIL holder on Hyperliquid. The opening price was $106.91, and the current price is $102.44, resulting in a floating loss of nearly one million dollars.