After nearly two months of inactivity, crypto whale 0x3ed4 has re-emerged, depositing $1.75 million USDC into Hyperliquid to initiate a long position on oil. Within the past four hours, the whale opened a 20x leveraged long position on 113,080 xyz:CL contracts, valued at $11.52 million. The position's liquidation price is set at $88.4, indicating a significant bet on oil price movements.