A Hyperliquid whale, tagged as being related to crude oil, was long on Brent crude oil and reduced its position at a loss this afternoon. This address held long positions in Brent crude oil perpetual contracts (xyz:BRENTOIL) on http://trade.xyz. Between 15:44 and 17:51 Singapore time, it closed out 1,896 long positions, totaling 112,494 contracts, at an average price of approximately $88.89, with a notional value of approximately $10 million. This portion has already realized a loss of approximately $1.6 million. After reducing its position, it still holds 872,644 long Brent contracts, with a notional value of approximately $78 million. The average opening price was $103.15, with a leverage of 7 times, resulting in a floating loss of approximately $11.96 million. The liquidation price is approximately $79.72, about 11% away from the current price (approximately $89.4). Only about 11% was reduced, and the main position is still holding. If oil prices continue to fall below $80, this will be a significant risk point for large long positions worth noting on the charts. https://(hypurrscan.io)/address/0x0cc159b29f45c9cc0da41326d7e18e04245bc7cb