Investor Increases Short Position in Crude Oil

An investor, identified by the address 0x60a…685f6, has increased their short position in crude oil, analyst @ai_9684xtpa posted on X. Early in the morning, the investor added 10 million USDC to Hyperliquid and subsequently increased their holdings by 28,500 BRENTOIL and 1,000 CL. Currently, the investor holds a total short position in crude oil valued at $15.49 million, ranking among the top three positions in Hyperliquid's BRENTOIL. However, due to an unfavorable entry point, the investor is experiencing an unrealized loss of $778,000 and has incurred over $600,000 in funding fees.