Sky Co-Founder Bets $5.89M on Crude Oil Price Surge

2026-03-07 13:15

Sky co-founder has opened a $5.89 million long position in crude oil on the Hyperliquid platform, amid rising international oil prices due to the conflict in Iran. The position includes $5.71 million in WTI crude at $92.08 and $180,000 in Brent crude at $92.16. This move follows a deposit of 4.01 million USDC, signaling a strong bet on further price increases.

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