On-chain Crude Oil's largest short seller "Abraxas Capital" loses nearly $10 million, total position $159 million
April 2nd: Ceasefire expectations dashed, oil prices climb — per Hyperinsight monitoring (https://t.me/HyperInsight).
Abraxas Capital, the largest oil position holder on Hyperliquid, has two addresses with **total unrealized losses hitting $9.7 million**.
These addresses rolled over leveraged short positions repeatedly at lows overnight and this morning. Their combined USOIL/UKOIL position size totals $159 million, including:
- 5x BRENTOIL shorts: $1.02 billion (average price ~$103)
- 5x WTIOIL shorts: $569.9 million (average price ~$98.6)
1 minutes ago
Binance to List NASDAQ 100, S&P 500, Apple, and TSMC Perpetual Futures Trading
**Binance to List USDT-Margined Perpetual Futures for QQQ, SPY, AAPL, TSM Starting April 6 – Official**
Official sources confirmed on April 2 that Binance will sequentially launch USDT-margined perpetual futures contracts for QQQ, SPY, AAPL and TSM beginning at 21:30 Beijing time on April 6. The contracts will support up to 10x leverage.
### Notes on U.S. English adaptation:
1. **Conciseness**: Used "confirmed" (common in official news) instead of passive "according to"; structured as a clear headline + brief body (standard for U.S. financial alerts).
2. **Terminology**: "Launch/list" (more natural for U.S. crypto/finance audiences than "successively list"); "support up to 10x leverage" (direct, matches industry jargon).
3. **Time/Date**: Retained "Beijing time" for clarity (critical for cross-timezone news); used month-day format (April 2/6, standard in U.S.).
4. **Flow**: Avoided redundant punctuation (removed extra ``); grouped key details (date of announcement → pr
1 minutes ago
Perp DEX Overall Fee Squeeze Amid Market Downturn, with Hyperliquid Currently Holding 50% Fee Share
April 2 — Perp DEX has seen a gradual drop in total fees amid a market downturn, per DefiLlama data, while HyperLiquid’s market share is on the rise. Currently, HyperLiquid accounts for 50% of Perp DEX’s fee volume, with HIP-3 Commodities & Stocks making up 40% of HyperLiquid’s trading volume.
1 minutes ago
If Brent crude oil continues to rise above the $110 mark, the 5.1 million position of the trader named "Loracle" may face liquidation
On April 2nd, HyperInsight monitoring (via its Telegram channel: https://t.me/HyperInsight) reported that U.S.-Iran tensions have lifted oil prices.
Brent Crude Oil contracts on Hyperliquid briefly broke above $109, with a critical risk: if prices climb above $110, the wallet address 0x8def... (linked to Loracle, a Hyperliquid early contributor) could face partial liquidation.
That whale currently holds a $5.18 million short position in Brent crude, with an average entry price of $109 and a liquidation threshold of $111 — making it the position most at risk of liquidation on-chain.
Separately, the largest long position address closest to liquidation (0x965...) has a liquidation price of $104.8 and a position size of $4.538 million. Notably, this address is deep in unrealized losses on its S&P 500 short position, leaving no excess margin in its account to support its leveraged Brent crude long position.
1 minutes ago
A whale has opened a 40x leveraged BTC short position worth $13.3 million
April 2nd:
Per HyperInsight monitoring (via t.me/HyperInsight), a wallet address starting with 0xec4 has opened a new 40x-leveraged short position on BTC.
Key details:
- Average entry price: $66,522
- Position size: $13.3 million
- Current status: Slightly profitable (~$3,600, +1.09%)
Additionally, the same address holds a day-traded 20x-leveraged long position in Brent Crude Oil (BRENTOIL):
- Position size: $2.16 million
- Realized profit: $160,000 (20% return)
- Context: May reflect anticipation of further escalation in the US-Iran situation
1 minutes ago