Arkham: 7 accounts leveraged to manipulate the XPL price, earning approximately $2.78 million in profit

MeNews · 2026-04-03T10:44:16+00:00

ME News Report, April 3 (UTC+8), according to Arkham monitoring, seven accounts deposited a total of $1.85 million into Hyperliquid, using leverage to long and push up the XPL price. They then simultaneously withdrew a total of $4.63 million from the collateral balance, making a profit of approximately $2.78 million. Previously, according to HyperInsight monitoring, after a sharp surge, XPL plummeted 40%, with five major insider addresses profiting $1.6 million and exiting the market. (Source: PANews)

MeNews

2026-04-03 10:44:16

ME News news, April 3 (UTC+8), according to Arkham monitoring, seven accounts deposited a total of $1.85 million into Hyperliquid, pushing up the XPL price by going long with leverage, and then simultaneously withdrew a total of $4.63 million from their collateral balances, earning approximately $2.78 million in profit. Previously, according to HyperInsight monitoring, after XPL surged violently, it then crashed 40% within moments; the top five insider addresses traded to profit $1.6 million and exited. (Source: PANews)

XPL-2.38%

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