An address opened a $39.1 million long WTI crude oil position on Hyperliquid with 10x leverage.

TechFlow News: On June 22, blockchain analyst Yu Jin (@EmberCN) reported that, two hours ago, an address deposited 4.24 million USDC into Hyperliquid and subsequently opened a long position on WTI crude oil worth approximately $39.1 million using 10x leverage—making it the largest crude oil position currently on the Hyperliquid platform.

The long position was opened at $78.18 per barrel; it is currently floating at a loss of approximately $230,000, with a liquidation price of around $71.50 per barrel.