A cryptocurrency whale, identified as "0x63c," is managing a significant crude oil short position on Hyperliquid valued at $30 million. Despite the negative funding rates in the crude oil market, the whale is earning $388,000 daily in funding fees, translating to an annualized income of $142 million. However, the whale has also incurred an unrealized loss of $2 million due to recent price fluctuations in the crude oil market.