A Hyperliquid account built Brent and WTI crude oil longs with combined notional value of about $147 million as oil prices fell on de-escalation expectations, BlockBeats reported on Nov. 3.
Oil futures positions
Brent crude futures closed down 7.63% at $104.77, while WTI fell 7.36% to $96.46. BlockBeats, citing Reuters, said Iran’s president had said the Supreme Leader granted the government partial authority to advance peace negotiations.
The account accumulated about $51.78 million in Brent longs, increasing holdings from 377,000 to 868,800 contracts. At press time, its 10x cross-margin Brent position was valued at about $91.176 million with an unrealized loss of $78,700; the WTI position was valued at about $56.1922 million with an unrealized loss of $876,200.
The combined unrealized loss was reported at approximately $954,900. These position sizes and losses are point-in-time figures relayed by BlockBeats; the report does not identify the account owner.
Source: BlockBeats English report, published Nov. 3, 2026. Chinese source.