A whale pushed XPL up to $1.8 within two minutes and then closed the position, earning over $14 million in profit.
According to Jinse Finance, Onchain Lens monitoring shows that a whale pushed the price of XPL up to $1.8 within just two minutes, then closed the position, making a profit of over $14 million, and re-established a long position in XPL. In contrast, due to this sudden price surge, a trader holding a $XPL short position was liquidated, resulting in a loss of $7 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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