Wu said that, according to Arkham monitoring, the WTI big short 0x63c holds a $30 million short position in crude oil on Hyperliquid. Due to the negative funding rate in the crude oil market, it currently earns $388k in daily funding income, which annualizes to as much as $142 million. However, due to fluctuations in crude oil prices, this big short 0x63c has a floating loss of $2 million.

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