Brent Oil Futures Rally to $108, Short Whale Faces $2.75M Liquidation on Hyperliquid

HYPE-6.66%

According to ChainCatcher, Brent oil futures surged in the pre-market session over the past hour, reaching a high of $108. On Hyperliquid, BRENTOIL recorded a 24-hour gain of 3%, recovering most of its monthly decline. A short whale on the platform was forced liquidated multiple times during the rally, with total liquidation size reaching $2.75 million and losses totaling approximately $250,000. The short position was originally opened on April 24.

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