Four addresses are suspected of involving XPL arbitrage with a total profit of 46.1 million USD
According to reports from Hashi Chain, monitoring has found that a total of 4 main addresses are suspected to be involved in the arbitrage attack on XPL, accumulating profits of 46.1 million USD. The specific operational analysis is as follows: 1. Address 0xb9c...6801e is the main driving force; this address started buying long positions multiple times since August 24 and made a large purchase at 05:35 AM today. 2. Addresses 0xe41...858c7, 0x006...2a78f, and 0x894...00779 are profit-taking addresses that assisted with liquidation; these addresses accumulated long positions from August 22 to August 26 and began to close positions at the short-term peak of XPL. Relationships between the addresses: - Address 0xe41...858c7 and address 0x006...2a78f have funds coming from the same channel; the former's username on DeBank is silentraven, who previously recorded a floating profit exceeding 10 million USD in May of this year due to HYPE. - Address 0xb9c...6801e has no direct financial connection with the above two addresses, but a commonality among the three is that they obtained margin through debridge cross-chain and have similar operational habits. - Address 0x894...00779 is relatively independent, with margin sourced from Binance; it may be related to the three addresses mentioned above or it could have been fortuitous to take profit during the rise of XPL.