Recently, a large-scale operation by an investor has attracted widespread attention in the market. This investor injected 30 million USDC into the Hyperliquid platform this morning and used all of it to purchase XPL tokens. This transaction resulted in a total of 22.37 million XPL acquired, with an average purchase price of 1.34 USD.

It is worth noting that when this investor started buying, the price of XPL was only USD 1.17. However, with large amounts of funds pouring in, the price of XPL has rapidly climbed to USD 1.52, an increase of up to 30%. This price change fully demonstrates the significant influence of large amounts of funds on the market.

What is even more attention-grabbing is that this investor seems to have bigger plans. It is reported that he withdrew an additional 41.52 million USDC from the Kraken exchange. The market generally speculates that this fund may continue to be injected into the Hyperliquid platform for further purchases of XPL.

If this speculation proves true, the XPL price may face greater upward pressure. However, some analysts also warn that such a large influx of funds could lead to increased market volatility, and investors should proceed with caution.

Regardless, this series of actions has sparked heated discussions within the cryptocurrency community. Many are closely watching the next moves of this mysterious investor and how these actions will impact XPL's market performance. In the rapidly changing cryptocurrency market, large transactions like these often become important indicators for predicting market trends.