TechFlow news: On April 1, according to on-chain analytics platform Lookonchain (@lookonchain), a whale address (0xc278) that had been continuously accumulating long positions in crude oil was fully liquidated on Hyperliquid due to falling oil prices. The liquidated position consisted of 211,335 BRENTOIL contracts (approximately $21.37 million), resulting in a loss of approximately $1 million from this trade.
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