'Trader makes over $80 million profit on XPL in one month'

Remember @Techno_Revenant, who made $38.77M a month ago by manipulating XPL liquidations? Well, he's now raked in a whopping $41.38M on XPL . That means in just one month, he's earned a total of $80.15M on XPL—absolutely insane . On August 27, he used two wallets to first go long, then pumped the price to trigger liquidation auto-closes, netting a massive $38.77M profit. Afterward, he spread the funds across 20+ addresses via cross-chain transfers and reopened long positions with 1x leverage, totaling approximately 45M XPL at an average entry price of $0.77. At the time, he held the majority of XPL long positions on Hyperliquid single-handedly. These XPL long positions remained untouched until yesterday, when he closed all his 1x XPL contracts at a price of $1.3 and simultaneously converted them into XPL spot holdings. Now, he owns 45.47M XPL spot tokens with a cost basis of just $0.77, boasting unrealized gains of $41.38M! Here’s one of his typical wallet addresses: https://hyperbot.network/trader/0x6579896dFcca97db2cD59d26673918F18C7d89e0 This post is sponsored by Bitget｜@Bitget_zh