BlockBeats news, on August 27, Hyperliquid platform's perpetual contract XPL is currently priced at 0.84 dollars, with a 24-hour trading volume exceeding 158 million dollars, and an open interest amount of about 50.5 million dollars, with a funding rate of nearly 0.15%.

According to previous reports, there has been a large-scale targeting operation against XPL in the market: four main addresses coordinated to attack the hedge short positions, with total profits of about 46.1 million dollars. The leading address 0xb9c…6801e has been accumulating long positions multiple times since August 24 and cleared the order book with a large purchase at 05:35 AM today, realizing profits of about 16 million dollars within one minute. The other three addresses subsequently closed their positions after the price surged. Currently, this leading address still holds about 11.43 million dollars worth of XPL 1x long positions, with unrealized profits of about 3.35 million dollars.