A trader identified by the address 0x94d…33814 has taken a significant position on Hyperliquid, betting against Bitcoin while going long on crude oil. The total position is valued at $89.79 million, making it the top position on Hyperliquid BTC. The trader has opened a 40x short position on Bitcoin, holding 1,000 BTC valued at $70.65 million with an entry price of $69,614. Simultaneously, they have a 20x long position on Brent crude oil, holding 202,000 contracts valued at $19.16 million with an entry price of $98.32. Currently, both positions are underwater, with unrealized losses exceeding $1.7 million.