Address tops up 10M USDC to expand Hyperliquid crude oil short, down $778K unrealized

According to HuoXing Finance, AI Aunt monitoring data showed that on May 23 the address 0x60a…685f6 added 10 million USDC to Hyperliquid early this morning. The wallet then increased its short exposure by 28,500 BRENTOIL and 1,000 CL contracts. The position now totals $15.49 million in crude oil shorts, ranking among the top three BRENTOIL positions on Hyperliquid. The trade is currently showing an unrealized loss of $778,000, after paying more than $600,000 in funding fees.