At 5:30 AM, the liquidator of $XPL on Hyperliquid managed to secure a profit of up to $27.5 million by first ambushing a long position through 2 wallets and then triggering an automatic liquidation by raising the price.
The address 0xb9c...01e used 11 million USDT to ambush a long position of 31.75 million XPL at an average price of $0.56 on Hyperliquid two days ago. Then, at 5:30 AM today, it transferred an additional 5 million USDT to drive up the XPL price, causing a chain liquidation that ultimately triggered an automatic liquidation between $1.1 and $1.2.
After the automatic liquidation, his position gained a profit of $15 million.
Address: 0xb9c0283968744b80aef904455bb3dfc7ffd6801e
The address with the DeBank username "silentraven" used 9.5 million USDT to ambush a long position of 21.1 million XPL at an average price of $0.56 on Hyperliquid over the past 3 days. After the liquidation was triggered, the position was automatically liquidated at an average price of about $1.15, resulting in a profit of $12.5 million.
Address: 0xe4178Ba889AC1c931861533B98bb86Cb9d4858c7