A trader known as Loracle successfully closed a $5 million short position on crude oil perpetual contracts, securing a $2 million profit. According to NS3.AI, this move came after crude oil prices dropped over 15%, falling below $100 per barrel early Wednesday. Arkham Intelligence identified the trade as being executed on Hyperliquid, where the volume for WTI crude oil perpetuals reached $2.45 billion in the past 24 hours.#CrudeOil #TraderProfits #ShortPosition #OilPrices #WTI #Hyperliquid #PerpetualContracts #NS3AI #ArkhamIntelligence #Profit