A newly created crypto wallet, identified as 0x66F4, has deposited $6.75 million in USDC into Hyperliquid to open a 4x leveraged long position on Brent Oil, valued at approximately $13.62 million. The trader employed a Time-Weighted Average Price (TWAP) order to strategically enter the market, minimizing price slippage and market impact. So far, $3.41 million worth of Brent Oil has been executed, indicating the strategy is still in progress. This significant move has captured the attention of the crypto trading community, suggesting potential institutional or whale-level activity. The leveraged position reflects confidence in rising Brent Oil prices, though it also carries increased risk due to the amplification of both potential gains and losses. Market participants are closely monitoring the outcome of this bold strategy.