💀 Manipulators made nearly $3,000,000 on XPL.



➠ Seven accounts were created on Hyperliquid with about $1.85m in order to drive up the token price #XPL.

➠ They opened long positions in bulk, artificially raising the price and creating the appearance of strong demand.

➠ At the peak of the movement, $4.63m was simultaneously withdrawn from the exchange. The total result of the scheme—about $2.78m in profit.

➠ Next, the positions were deliberately pushed to liquidation through the HLP mechanism, causing the Hyperliquid liquidity pool to incur a loss of approximately $600k.

➠ Analysts also note similar activity on #ASTER, , where an additional ~$324k was earned.
XPL-26,7%
ASTER-1,31%
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