On August 29, according to Lookonchain monitoring, a certain Large Investor is trying to manipulate XPL to liquidate short positions. In the past three hours, this Large Investor (possibly the same as last time) created 4 Wallets and deposited 10 million USDC to go long XPL on Hyperliquid. Previously reported, XPL briefly rose 200% on Hyperliquid on August 27, with a Whale making 16 million USD in just 1 minute by going long on the "clear" order book.
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A Large Investor is trying to manipulate the XPL price on Hyperliquid to liquidate short positions.
On August 29, according to Lookonchain monitoring, a certain Large Investor is trying to manipulate XPL to liquidate short positions. In the past three hours, this Large Investor (possibly the same as last time) created 4 Wallets and deposited 10 million USDC to go long XPL on Hyperliquid. Previously reported, XPL briefly rose 200% on Hyperliquid on August 27, with a Whale making 16 million USD in just 1 minute by going long on the "clear" order book.