Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Whales Profit $48M in XPL Price Surge

Whales Profit $48M in XPL Price Surge

Coinlineup2025/08/31 18:25
By:Coinlineup
Key Takeaways:
  • Whales profit $48M, causing market controversy.
  • Price surge raises manipulation concerns.
  • Hyperliquid implements controls post-event.
Whales Profit $48M in XPL Price Surge

Hyperliquid whales earned $48M by leveraging XPL’s 200% surge, raising manipulation concerns. Main orchestrators included wallets like 0xb9c, earning $15.11M. The event exposed liquidity risks, prompting Hyperliquid’s plans to cap future price volatility.

In a significant market event, Hyperliquid ‘s XPL token experienced a sudden 200% price surge, driven by whales exploiting leveraged long positions, resulting in $48 million in profits. The incident has sparked manipulation claims and concerns over platform vulnerabilities.

The event reveals critical vulnerabilities in market systems, highlighting a need for enhanced risk management to prevent manipulation. Immediate reactions include scrutiny from traders and calls for regulatory oversight.

Main whale orchestrator 0xb9c was among several key players profiting significantly, demonstrating the risks associated with leveraged trades. Industry reactions call for stronger security measures to counteract systemic weaknesses in cryptocurrency platforms.

“After closing the positions, the whale made $16 million in ‘just one minute.’ $XPL pumped to $1.80, over 200% in 2 minutes.” – MLM, On-chain Analyst, Twitter

Hyperliquid announced the implementation of a price cap mechanism to limit volatility and reduce manipulation risks. Community reactions indicate both concern and support for these measures.

Increased volatility has caused disruption within financial markets, affecting both retail and institutional investors. The incident underscores the necessity of transparency in trading platforms. Prior manipulative activities in similar scenarios further emphasize these concerns.

Potential regulatory actions might emerge to protect traders and stabilize markets. Previous events suggest a trend in increased whale activity during volatile market conditions, underscoring the importance of stringent trading controls.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Market Manipulation in DeFi: The $XPL Hyperliquid Pump and Whale Profits

- Hyperliquid's August 2025 XPL token manipulation exposed DeFi vulnerabilities as four whale addresses inflated prices 200%, netting $47.5M profits. - Exploiting isolated oracles and no position limits, whales triggered $60M in trader losses through cascading liquidations and order book manipulation. - Hyperliquid's post-incident safeguards (10x price caps, external data) created arbitrage opportunities while highlighting governance gaps in fast-growing DeFi platforms. - Historical XPL data shows 60% succ

ainvest2025/09/01 02:15
Market Manipulation in DeFi: The $XPL Hyperliquid Pump and Whale Profits

BullZilla's Explosive Presale and the Evolution of Meme Coins in 2025: Strategic Meme Coin Investing in a New Era of Tokenomics and Cultural Momentum

- BullZilla ($BZIL) raised $10,000 in 50 minutes via a 4.7B-token presale, triggering its Mutation Mechanism to boost token prices every $100K raised or 48 hours. - The project's Roar Burn Mechanism permanently destroys 5% of supply at each milestone, reducing total supply by 70% and creating deflationary scarcity. - Unlike static meme coins like Cheems and Snek, BullZilla combines HODL staking (70% APY) and referral rewards with engineered scarcity, projecting a 915x return from $0.00000575 to $0.00527141

ainvest2025/09/01 02:15
BullZilla's Explosive Presale and the Evolution of Meme Coins in 2025: Strategic Meme Coin Investing in a New Era of Tokenomics and Cultural Momentum

The SCO as a Strategic Platform for Emerging Markets Investment

- The SCO serves as a strategic investment hub for Global South markets, driven by China-Russia-India alignment reshaping global dynamics. - Member states challenge Western institutions through multipolar cooperation, with 2024 trade reaching $890.3B and $140B+ in cumulative investments. - Key opportunities include renewable energy (420 GW added), digital infrastructure growth, and localized supply chains in green energy and manufacturing. - Geopolitical risks persist, but the bloc's 23.16% global GDP and

ainvest2025/09/01 02:00
The SCO as a Strategic Platform for Emerging Markets Investment

Meme Cycle 2025: Strategic Dip Accumulation in Hybrid Meme Coins for 150%+ Long-Term Gains

- The 2025 meme coin cycle combines meme culture with structured incentives, deflationary mechanics, and DeFi integration, evolving beyond viral hype. - Top projects like MoonBull ($MOBU), Turbo ($TURBO), and BullZilla ($BZIL) use liquidity pools, AI-driven scarcity, and dynamic burn mechanisms to enhance value retention and ROI. - Strategic dip accumulation in hybrid meme coins with deep liquidity and deflationary traits is advised to target 150%+ long-term gains, leveraging community sentiment and techni

ainvest2025/09/01 02:00
Meme Cycle 2025: Strategic Dip Accumulation in Hybrid Meme Coins for 150%+ Long-Term Gains