Monitoring reports that a Hyperliquid crude oil whale has an unrealized loss of approximately 12760000 USD and has placed orders to reduce its position.
BIBIBI
AT A GLANCE
It is reported that a major crude oil long position on Hyperliquid has an unrealized loss of approximately 12760000 USD, with 4 sell orders placed to reduce the position, pending execution.
Article
The largest crude oil long is facing a floating loss of 12700000 USD and has placed orders to partially cut the position.
BlockBeats news, November 10, according to TradingBeats monitoring, after crude oil fell sharply last night, the largest crude oil long on Hyperliquid, a whale address starting with 0x0cc1, is currently facing a floating loss of about 12760000 USD, while still holding a Brent crude oil (BRENTOIL) long position worth about 90010000 USD, with an average entry price of 103.15 USD.
In the early hours of today, this whale placed 4 "reduce-only" sell orders in the 92.98-97.98 USD range. Based on estimates at each price level, the total is about 39410000 USD, corresponding to a reduction of about 41.7% of the existing long position, and the orders are still pending execution.
It is reported that oil prices remain under pressure due to major progress in US-Iran nuclear negotiations. Last night, Brent crude oil futures settled down 5.85% at 92.57 USD, and after settlement the decline further widened to more than 7 USD per barrel; WTI crude oil futures settled down 4.38% at 86.85 USD.
The estimated liquidation price for this address's current Brent oil long position is about 81.25 USD, about 10.1% below the current price.
Original link https://m.theblockbeats.info/flash/376480
Key points
01
BlockBeats cited TradingBeats monitoring on November 10, stating that the largest long address for crude oil starting with 0x0cc1 on Hyperliquid has an unrealized loss of approximately 12760000 USD, while still holding a Brent crude oil (BRENTOIL) long position worth approximately 90010000 USD, with an average entry price of 103.15 USD.
02
The address has placed 4 sell orders for position reduction only in the range of 92.98—97.98 USD, with an estimated total of approximately 39410000 USD based on the prices at each level, corresponding to a position reduction ratio of about 41.7% of the current long positions; the orders are still pending execution.
03
Reports show that overnight, Brent crude oil futures settled down 5.85% at 92.57 USD, with losses further widening after settlement to more than 7 USD per barrel; WTI crude oil futures settled down 4.38% at 86.85 USD.
04
The report gives an estimated liquidation price for Brent crude long positions at this address of approximately 81.25 USD, about 10.1% below the current price.
05
The report attributes the pressure on oil prices to significant progress in US-Iran nuclear negotiations.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This message is about a large crude oil long position that, after incurring losses, placed an order to sell part of its holdings. The key distinction is that the order had not yet been filled, so it cannot be said that the stop-loss had already been completed. The floating loss, position, and estimated liquidation price in the report were all monitoring data at the time.
Why it matters to readers
The message provides the address’s positions, pending order reductions, and estimated liquidation price, making it easier to observe whether it actually reduces its position later; one cannot conclude that oil prices will continue to fall based solely on the placed orders.
When reading, distinguish between floating losses and realized losses, pending orders and filled orders, and do not treat the estimated liquidation price as a fixed, unchanging result.
Risks and unknowns
The original text only provides the address prefix and does not provide the complete address or order details; the monitoring data cannot be independently verified from the materials provided.
The order remains pending execution; whether it will subsequently be executed, canceled, or adjusted is unknown.
The position size, unrealized loss, and subsequent changes in the estimated liquidation price are unknown.
The causal relationship between progress in U.S.-Iran nuclear negotiations and falling oil prices is merely a claim made in the reporting, with no further evidence provided in the materials.
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The actual impact of the pending order on the platform price or the global crude oil market is unknown.
Related concepts
Long Position
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