The whale who previously profited $38.77 million by manipulating the price of XPL has once again made a profit of $41.38 million by going long on XPL.

BlockBeats News, on September 28, according to on-chain data analyst Yu Jin's monitoring, the whale trader who profited $38.77 million a month ago by manipulating XPL liquidations has now made another $41.38 million profit from XPL trading.

Previously, on August 27, he used two wallets to first take long positions in advance, then pushed up the price to trigger automatic liquidation, thereby earning a profit as high as $38.77 million. He then dispersed the profits across more than 20 addresses via cross-chain transfers, and used 1x leverage to open new long positions of about 45 million XPL at an average entry price of $0.77. At that time, the vast majority of XPL long positions on Hyperliquid were held by him alone.

These XPL long positions remained unchanged until yesterday, when, with XPL priced at $1.3, he closed all these 1x leveraged XPL contract longs and bought XPL spot. He currently holds 45.47 million XPL spot, with a cost price of only $0.77, and an unrealized profit as high as $41.38 million.