Gate News, March 9 — According to Hyperinsight monitoring, the “BRENTOIL/USDC” trading pair (Brent crude oil futures mapping contract, with Brent crude oil as one of the international crude oil price benchmarks) on the Hyperliquid platform has ranked in the top ten for trading volume. In the past 24 hours, the trading volume of this contract exceeded $140 million, reaching a recent high, with open interest at $38 million. Currently, BRENTOIL is trading at $103.8, with support for up to 20x leverage.
Additionally, monitoring shows that all whales holding positions over $1 million are currently short. The largest short position address (0xa55) holds a 3x leveraged short position worth $4.85 million, with an average entry price of $97.7. The position is currently at a floating loss of $280,000, approximately 11%.
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