A certain whale simultaneously shorted BTC and went long on crude oil, with a total position value of $89.79 million.

CoinFeed reported on March 25th that, according to on-chain analyst @ai_9684xtpa, the whale address 0x94d…33814 shorted BTC and went long on crude oil last night until early morning, with a total position value of $89.79 million, making it the top BTC position on Hyperliquid. The position includes a 40x leveraged short position in BTC (1000 BTC, valued at $70.65 million, opened at $69,614) and a 20x leveraged long position in BRENTOIL (202,000 BTC, valued at $19.16 million, opened at $98.32). Currently, both positions are at a loss, with a floating loss exceeding $1.7 million.