WTI crude oil prices fell over 4% intraday, trading at $89.10 on Hyperliquid, following rumors of a proposed one-month ceasefire in the U.S. The decline prompted significant trading activity, with three large investors, identified by addresses 0x925, 0x9ae, and 0xde8, opening long positions totaling approximately $3.2 million.
These whales entered the market with average prices between $87.9 and $88.6, and their positions are currently profitable. The closest liquidation price among these positions is $85.99, indicating a belief that oil prices will remain above $86.
Oil Prices Drop Amid U.S. Ceasefire Rumors; Whales Bet $3.2M on WTI
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