According to BlockBeats news on August 28, monitoring by HyperInsight revealed that the main operating address 0xb9c...6801e, which made over 16 million USD in profits by targeting XPL hedging whales yesterday on Hyperliquid, has shown unusual activity again, opening a long position of 2.16 million USD in XPL at an opening price of 0.67401 USD, with an unrealized profit of about 160,000 USD. Currently, the trading price of XPL on Hyperliquid briefly spiked above 0.8 USD before retreating, now reported at 0.72 USD, which is a 26% premium compared to 0.571 USD on Binance.
The address 0xb9c...6801 collaborated with multiple whales yesterday to clear out opponent short positions by driving up the price, resulting in a total profit of nearly 38 million to 46.1 million USD within just one hour. Notably, 0xb9c...6801e has been accumulating long positions since August 24, and after the 'sweep' at 5:35 AM yesterday, it made a profit of approximately 16 million USD in just one minute.