Analysis: Price manipulators of XPL on Hyperliquid may have gained $27.5 million profit through two Wallets.

According to Foresight News, monitoring by Yu Jin shows that the market manipulators of XPL on Hyperliquid should have first lain in ambush to go long through two wallets at 5:30 AM, then pumped up the price to trigger automatic liquidation, thereby obtaining a profit of up to 27.5 million USD. The address starting with 0xb9c initially used 11 million U to lie in ambush to go long for 31.75 million XPL at an average price of 0.56 USD on Hyperliquid two days ago, and then today at 5:30 AM transferred another 5 million U to pump the XPL price, leading to a chain liquidation, ultimately triggering automatic liquidation between 1.1-1.2 USD, with a profit of 15 million USD after the position was automatically closed. Another DeBank user with the name “silentraven” used 9.5 million U to lie in ambush to go long for 21.1 million XPL at an average price of 0.56 USD on Hyperliquid in the past 3 days. After the liquidation was triggered, the position was automatically closed at an average price of about 1.15 USD, making a profit of 12.5 million USD.