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Details: ht
The Whale that previously profited $38.77 million by manipulating the XPL price has once again made a profit of $41.38 million by going long on XPL.
On September 28, according to on-chain data analyst Yu Jin's monitoring, a whale trader who profited $38.77 million a month ago by manipulating XPL liquidation is currently making another profit of $41.38 million in XPL trading. Previously, on August 27, he ambushed by going long through two wallets, then pumped to trigger automatic liquidation and achieved a profit of up to $38.77 million. He then cross-chain diversified the profit funds to over 20 Addresses, using 1x leverage to enter a long position of about 45 million XPL at an opening price of $0.77. At that time, the vast majority of XPL long positions on Hyperliquid were held by him alone. These XPL long positions remained unchanged until yesterday when he closed all of these 1x XPL contract long orders at an XPL price of $1.3 and purchased XPL Spot. He currently holds 45.47 million XPL Spot, with a cost price of only $0.77, unrealized gains reaching $41.38 million.