Hyperliquid Address Holds $24.71 Million in Oil-Linked Longs

A Hyperliquid address held $24.71 million in oil-linked long positions in an update published at 9:41 p.m. ET on Oct. 19 (01:41 UTC Oct. 20), led by the platform’s largest CL position. The CL position comprised 149,000 units valued at $14.73 million. Its average entry price was $98.14, and it showed an unrealized gain of $109,000. CL references West Texas Intermediate crude, a U.S. oil benchmark. The address also held 93,000 BRENTOIL units worth $9.98 million, ranking fourth in that market. The position had an average entry price of $106 and an unrealized gain of $48,000. BRENTOIL references Brent crude. Together, the positions showed $157,000 in unrealized gains. CL made up roughly 60% of their combined value. Those gains reflect positions that remained open, rather than profits from closed trades.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.