Statistics: Suspected Four Major Addresses Colluded to Snipe XPL Hedge Positions, Profiting $46.1 Million

By: theblockbeats.news|2025/08/27 03:22:18

BlockBeats News, August 27th, according to on-chain analyst Ai Auntie (@ai9684xtpa), four major addresses participated in a sniper attack targeting the $XPL hedge short position, accumulating a total profit of up to $46.1 million. The leading address 0xb9c...6801e has been accumulating long positions multiple times since August 24th and made a large purchase in the early morning at 05:35 today, directly sweeping the entire order book, earning $16 million in profit in just one minute. The other three cooperating addresses began closing their positions for profit when the XPL price reached a short-term high.

Analysis shows that two of the addresses have the same source of funds, and all three major addresses obtained their margin through debridge cross-chain, showing similar operational habits and demonstrating characteristics of coordinated operation.

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