Crude oil price reaches $108, Hyperliquid user suffers a floating loss of $3.4 million from shorting crude oil

According to Odaily, monitored by Ai Aunt, crude oil prices have reached $108, up 67.5% since Iran blocked the strait. Hyperliquid user 2 frères 2 fauves started shorting CL at $78.36 and currently holds 12,717 CL, valued at $13.37 million, making it the largest Hyperliquid CL position, with an unrealized loss of $3.4 million and a liquidation price of $120.76.