The whale address holds a $30 million crude oil short position on Hyperliquid, currently down $2 million (unrealized loss).

GateNews

2026-04-09 13:30:57

Gate News message, on April 9, according to Arkham monitoring, the whale address “0x63c” has opened a crude oil short position on Hyperliquid with a position value that at one point reached as high as $30 million. Because the crude oil market funding rate is negative, the address currently earns $388k per day in funding fee income, which translates to annualized funding fee income of up to $142 million. However, due to fluctuations in the crude oil price, the whale is currently down by $2 million on paper.

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