Gate News: On March 12, Iran’s Supreme Leader announced that the Strait of Hormuz will remain closed, escalating geopolitical tensions and driving international oil prices higher. As a result, U.S. oil stocks like Battalion Oil surged over 21%, and U.S. crude oil ETFs rose nearly 7%. On the Hyperliquid platform, WTI crude oil (CL) increased above $93, and Brent crude oil (BRENTOIL) rose to $96.
In this context, whale address neoyokio.eth (0x152) opened four times leveraged long positions on crude oil within the past half hour, buying 55,800 contracts worth approximately $5.2 million at an average price of $92.97. As of press time, this position has a floating profit of $32,000. The address is currently the largest long position on Hyperliquid, with a holding size exceeding $18 million.
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