Arkham: 7 accounts leveraged to manipulate the XPL price, earning approximately $2.78 million in profit

MeNews · 2026-04-04T00:23:07+00:00

ME News Report, April 3 (UTC+8), according to Arkham monitoring, seven accounts deposited a total of $1.85 million into Hyperliquid, using leverage to long and push up the XPL price. They then simultaneously withdrew a total of $4.63 million from the collateral balance, making a profit of approximately $2.78 million. Previously, according to HyperInsight monitoring, after a sharp surge, XPL plummeted 40%, with five major insider addresses profiting $1.6 million and exiting the market. (Source: PANews)

MeNews

2026-04-04 00:23:07

ME News message, April 3 (UTC+8). According to Arkham monitoring, seven accounts deposited a total of $1.85 million into Hyperliquid, using leverage to go long and push up the XPL price; then they simultaneously withdrew a total of $4.63 million from their collateral balances, earning about $2.78 million in profit. Previously, according to HyperInsight monitoring, after XPL surged sharply, it then crashed by 40% in seconds; five major insider addresses traded and exited with profits of $1.6 million. (Source: PANews)

XPL-4.74%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.