THIS WHALE IS MAKING A BIG BET ON OIL.
While everyone’s watching crypto, this trader is going heavy on oil over on Hyperliquid. Wallet 0x0cc159b29f45c9cc0da41326d7e18e04245bc7cb is currently holding the largest $CL position and the 4th-largest $BZ ( brentoil) position on the platform.
Here’s what the positions look like:
#CL : 162,533 contracts worth around $16.01M, entered at an average of $98.177. Currently up about $59K.
#BrentOil : 96,877 contracts worth around $10.29M, with an average entry of $106.0154. Floating profit sits near $20K.
That’s over $26M in combined oil exposure, with both positions currently in the green. We think, this trader is clearly leaning bullish on oil. Now the question is whether that momentum continues -- because with positions this size, even a small move the wrong way can change things quickly.
While everyone’s watching crypto, this trader is going heavy on oil over on Hyperliquid. Wallet 0x0cc159b29f45c9cc0da41326d7e18e04245bc7cb is currently holding the largest $CL position and the 4th-largest $BZ ( brentoil) position on the platform.
Here’s what the positions look like:
#CL : 162,533 contracts worth around $16.01M, entered at an average of $98.177. Currently up about $59K.
#BrentOil : 96,877 contracts worth around $10.29M, with an average entry of $106.0154. Floating profit sits near $20K.
That’s over $26M in combined oil exposure, with both positions currently in the green. We think, this trader is clearly leaning bullish on oil. Now the question is whether that momentum continues -- because with positions this size, even a small move the wrong way can change things quickly.