Hyperliquid: Whale Loses $2.91M on WTI Crude Long

Hyperliquid whale deposited 4.24M USDC then opened a 10x long worth $39.1M on WTI crude ($CL) at $78.18; price slid to $72 forcing exit at $72.3 for a $2.91M loss (-69%) just $0.5 above the $71.5 liquidation line. The trade spotlights Hyperliquid exchange oil perpetuals trading mechanics and Hyperliquid HYPE token launch and adoption history as traders track platform leverage flows during oil swings.