Two large whales turned bearish on crude oil today, boosting their short exposure by approximately $23 million.

According to TradingBeats monitoring, two large traders on Hyperliquid have adjusted their crude oil positions to bearish. One whale liquidated approximately $10.54 million in Brent crude long positions in the afternoon, exiting with profits; another added short positions in both WTI and Brent crude in the morning, and after partial covering, still holds around $43.71 million in short exposure. Per TradingBeats, the whale with an address starting with 0xe4d1 sold its remaining Brent crude long positions this afternoon, totaling around $10.54 million, locking in a profit of roughly $22,200. The address has now fully exited Brent crude long positions. The other whale, 0xc568, added approximately $9.19 million in WTI crude short positions and $4.2 million in Brent crude short positions this morning. It currently holds around $14.91 million in WTI short positions and $28.8 million in Brent short positions, totaling roughly $43.71 million in value, with an unrealized profit of about $186,800. The average entry prices for the two short positions are $89.71 and $96.06 respectively. On Hyperliquid, WTI crude (CL) trades at $89.31, while Brent crude (BRENTOIL) stands at $95.68, down approximately 1.30% and 1.77% respectively over the past 24 hours.