A major whale/institution opened a short position in crude oil worth $74.47 million on Hyperliquid, with a floating profit of $1.2 million.

CoinFeed reported on April 10th that, according to on-chain analyst Yu Jin, a major whale/institution bet on a decline in oil prices, shorting oil on Hyperliquid worth $74.47 million, currently showing a floating profit of $1.2 million. They also shorted 399,000 barrels of WTI crude oil (CL) at $95.4, worth $37.88 million, currently showing a floating profit of $200,000; and shorted 390,000 barrels of Brent crude oil (BRENTOIL) at $96.4, worth $36.59 million, currently showing a floating profit of $1 million.