Oil prices fell on Hyperliquid over the weekend despite Iran launching attacks on Kuwait, with Brent dropping to $93.75 and WTI to $90. Rising open interest alongside falling prices suggests bears are building shorts, not just taking profits.
Oil prices fell sharply on Hyperliquid despite Iran launching missile attacks on Kuwait and Bahrain — a counterintuitive move that highlights the growing divergence between on-chain derivatives and traditional commodity markets.
Oil futures on Hyperliquid are falling despite Iran’s missile attacks on Kuwait and Bahrain, with Brent dropping to $93.75 and WTI to $90. Strong US jobs data and Fed rate hike expectations are outweighing geopolitical risk — but any actual supply disruption could trigger a violent reversal.