A certain Address is spending 30 million USD to increase its holdings of XPL, having purchased 10.87 million XPL at an average price of 1.25 USD.

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On September 27, according to monitoring by @EmberCN, an Address is increasing its holdings of XPL with 30 million USD, which has boosted XPL by over 10% in the last 2 hours: a new Wallet withdrew 71.524 million USDC from the platform to on-chain, and then transferred 30 million USDC into Hyperliquid to purchase XPL. In just two hours, 13.6 million USDC has been used to buy 10.87 million XPL at an average price of 1.25 USD. And purchases are still ongoing.

XPL22.16%
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