A whale is holding oil short positions worth $30 million, currently facing an unrealized loss of $2 million.
According to Odaily, Arkham stated on the X platform that whale "0x63c" opened a crude oil short position on Hyperliquid valued at one point as high as 30 million US dollars. However, due to the crude oil market's negative funding rate, this whale currently receives a daily funding income of 388,000 US dollars, which is equivalent to an annualized funding income of 142 million US dollars. Nevertheless, due to crude oil price fluctuations, the whale has already incurred an unrealized loss of 2 million US dollars.
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