A wallet identified as 0x63c has opened a significant short position on crude oil through Hyperliquid, initially valued at $30 million. According to NS3.AI, this position is currently experiencing a floating loss of $2 million. Despite the loss, the position is generating approximately $388,000 daily in funding fees due to negative crude oil funding rates.#CrudeOil #ShortPosition #Loss #FundingFees #Hyperliquid #NS3AI #Finance #Investing #CommodityTrading