XPL surged 200% on Hyperliquid, with a whale earning $16 million in just one minute by long out the order book.

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On August 27th, @mlmabc monitored a wallet address that long millions of XPL on Hyperliquid after 5:35 AM, completely emptying the order book and squeezing out all short positions. The wallet then proceeded to close some of the long positions, profiting $16 million in just one minute. Within two minutes, XPL skyrocketed to $1.80, a surge of over 200%.


He currently still holds 15.2 million XPL (worth about $10.2 million), and MLM said, "This is one of the craziest liquidations I've ever seen on Hyperliquid."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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