THEY MADE $3 MILLION MANIPULATING $XPL
7 accounts deposited a total of $1.85M to Hyperliquid to manipulate XPL.
They pushed the XPL price up with leverage longs, then they withdrew a total of $4.63M from their collateral balances at exactly the same time, making $2.78M.

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The manipulators allowed their positions to fall into backstop liquidation by HLP, which cost Hyperliquid users $600K.
It appears that they possibly also attempted this on Aster, making $323.71K there.

Track the XPL manipulators on Arkham using this custom entity: