Trader earns $1.26M on CL long on Hyperliquid
- —Position opened August 3: 90,000 CL contracts with 3x leverage at $84.36
- —The drawdown reached $842,000, with current profit at $1.26 million
- —CL ranked third by daily volume on Hyperliquid after BTC and ETH
Why it matters: Rising oil prices heighten inflation risks ahead of the Fed meeting, while commodity contracts are becoming a notable segment of crypto derivatives.
Source: PANews