「Suspected HYPE Listing Insider Trading」 Whale Keeps Accumulating and Bottoming Out, Now the Biggest Long Position Holder in XPL on Hyperliquid

According to HyperInsight monitoring, in the past 4 hours, the "Suspected HYPE Listing Insider Trading" whale (0x082) has continued to add to its 5x leveraged XPL long position, with an average position price of 0.33 USD, holding a position size of 8.22 million USD, currently unrealized loss of 1.14 million USD, and floating loss of 70%. This address has been consistently adding to its XPL long position against the trend over the past 4 days, while averaging down the price, and now holds the largest position in the Hyperliquid XPL contract.

Its main current long positions are: HYPE 47.14 million USD, XPL 8.22 million USD, PURR 0.5 million USD. This address previously opened a 40 million USD HYPE long position (5x) 5 hours before Robinhood announced the launch of spot trading for HYPE on October 23, leading the community to suspect insider information.

Notably, another whale address, "Abraxas Capital," holds the largest short position in the XPL contract on Hyperliquid, with an average position price of 0.88 USD, currently realizing a profit of 14.1 million USD, with a return rate of over 1000%.