Wednesday, April 1, 2026

Oil trader takes $17 million hit as tokenized crude rivals bitcoin liquidations

Brent crude futures on Hyperliquid recorded $46.6 million in liquidations, behind only ether and bitcoin. The single largest liquidation was a $17.17 million oil position.

source https://www.coindesk.com/markets/2026/04/02/oil-trader-takes-usd17m-hit-as-tokenized-crude-rivals-bitcoin-liquidations

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