The largest crude oil long position holder has an unrealized loss of $12.7 million, and has placed orders to partially cut losses.

According to TradingBeats’ monitoring, after last night’s sharp crude oil price drop, the largest crude oil long whale on Hyperliquid (address starting with 0x0cc1) is currently sitting on an unrealized loss of around $12.76 million, while still holding a Brent crude oil (BRENTOIL) long position worth approximately $90.01 million, with an average entry price of $103.15. In the early hours of today, this whale placed four "reduce-only" sell orders in the $92.98–$97.98 range. Estimated across all price tiers, the total value of the orders is around $39.41 million, equivalent to roughly 41.7% of its existing long position. The orders remain pending execution. It is reported that oil prices continue to face pressure due to significant progress in US-Iran nuclear talks. Last night, Brent crude oil futures settled 5.85% lower at $92.57 per barrel, with the post-settlement drop widening to over $7 per barrel; WTI crude oil futures settled 4.38% lower at $86.85 per barrel. The estimated liquidation price for this address’s current Brent long position is approximately $81.25, around 10.1% below the current price.