Whales Initiate BRENTOIL Counterpositions on Chain, Maximum Position Size Approximately $7.6 Million

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On March 28, according to monitoring by OnchainLens, the whale address ‘0xb19’ deposited 2 million USDC into HyperLiquid and opened a long position of 60,964 BRENTOIL contracts with 4x leverage, valued at approximately $6.5 million. Meanwhile, the whale address ‘0xfee’ established a counterposition, opening a short position of 71,519 BRENTOIL contracts with 8x leverage, valued at approximately $7.6 million.

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