Two oil giants engage in a long-short bet at the same price level, with their liquidation ranges differing by only $2.
BlockBeats news, on April 13, according to Hyperinsight monitoring, today WTI crude oil futures surged above $100 per barrel, rising nearly 7.7% intraday. The WTIOIL contract on Hyperliquid followed the increase at a slower pace, currently quoted at $98.3, with a 24-hour gain of 4.3%.
As the market surged, two crude oil whales on the platform simultaneously opened WTIOIL positions with 20x leverage. Their position sizes both exceeded $1.5 million, with the average opening price close to $98, but in opposite directions.
Specifically, the long liquidation price is at $95.1, with an average price of $97.7; the short liquidation price is at $100.4, with an average price of $98.3; the difference between both sides’ liquidation prices and average opening prices is about $2.5.
Long address: 0xb322c1b811eaf8b3840133a2fc936f4c7185d51f
Short address: 0x0e09b56ef137f417e424f1265425e93bfff77e17
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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