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Esther Chacha

Hyperliquid Crude Futures Leap 6% after Iran Moves to Close Strait of Hormuz

Crude-linked futures on Hyperliquid rose about 6% within hours after Iran said it was moving to close the Strait of Hormuz. The on-chain move, occurring in thin weekend liquidity, reflects hedging against a possible 10-20 USD gap higher in Brent and WTI when traditional markets reopen.
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