Hyperliquid crude oil market attracts new capital inflows, with about 48% of large entrants in the past two days being returning or new addresses
BlockBeats News, March 13, according to Hyperinsight monitoring, recently Hyperliquid has become the main platform for on-chain crude oil trading. The CL (WTI crude oil) contract reached a 24-hour trading volume of 1.16 billions USD, with open interest surpassing 300 millions USD.
In addition, new capital is accelerating its inflow. Among the 29 whales who opened new CL positions in the past two days, 14 are addresses returning after months of inactivity or brand new addresses, accounting for 48%. In terms of directional preference, this wave of new entrants is mainly bullish, with about 65.5% of positions being long.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A Lido CSM node operator suffered a minor slashing, with estimated losses less than 1 ETH.
Zodl version 3.1.0 is now available on iOS and Android platforms
