Exactly 1 week ago a wallet deposited $20M to Hyperliquid and started longing oil.
He first longed 157K BRENT ($17.3M), which he already closed for a few hundred thousand profit.
He also longed 299K CL ($34.1M).
On this position he is up $3.4M, plus $580K in funding collected over the past 7 days.
At the current funding rate, he is earning around $16K per hour, or ~$143M per year by longing CL.
The wallet is using two API keys, one named “hyperithm_02” and one named “FalconX API”, suggesting this could be @hyperithm , an Asian crypto fund executing the trade via @FalconXGlobal.
hypurrscan.io/address/0x9d32…