TREE NEWS reports: Crude oil’s rise pushed CL into Hyperliquid’s 24-hour trading volume top three, behind only BTC and ETH. Address 0x10e…4f4bd opened a 3x long on 90,000 CL contracts at $84.36 on Aug. 3, at one point sitting on an $842,000 unrealized loss, and is now up $1.258 million — the highest unrealized profit of any Hyperliquid account in CL.
Trader’s 3x CL Long on Hyperliquid Turns $1.26M Profit, Top Account for the Pair
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AI take
This is less a story about one trader's timing than about what CL's volume ranking says: a commodity contract is now trading alongside BTC and ETH on a perp DEX, which is a structural shift in what these venues list and who uses them. The 3x leverage and the swing from a deep unrealized loss to a seven-figure gain illustrate how thin, event-driven commodity perps can move. Whether CL sustains top-three volume, or fades once the oil move cools, is the open question for Hyperliquid's commodity push.
Generated by AI for reference only.
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