Golden Finance reports that, according to on-chain analyst Ai Yi (@ai 9684xtpa), four main addresses participated in a targeted short-selling operation against $XPL, with total profits reaching up to $46.1 million. The leading address 0xb9c...6801e began accumulating long positions multiple times since August 24, and at 05:35 AM today, made a large purchase that directly cleared the entire order book, making a profit of $16 million in just one minute. The other three cooperating addresses started to close positions for profit when the XPL price reached a short-term high. Analysis shows that two of the addresses share the same source of funds, and the margin for all three main addresses was obtained through debridge cross-chain, indicating similar trading habits and showing characteristics of coordinated operations.