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Analysis: XPL price manipulator on Hyperliquid may earn $27.5 million in profits through two wallets

Source: ForesightNews
According to Ember Monitoring, the XPL market operator on Hyperliquid should have automatically closed the position by ambushing and then pulling up and detonating the liquidation at 5:30 a.m., thus obtaining a profit of up to $27.5 million. The opening address of 0xb9c first used 11 million U to ambush the average price of $0.56 on Hyperliquid two days ago and went to 31.75 million XPLs, and then continued to transfer to 5 million U to raise the XPL price at 5:30 today, resulting in a series of liquidation, which eventually triggered an automatic closing position between $1.1-1.2. Its position made a profit of $15 million after being automatically closed. Another DeBank username "silentraven" address has used 9.5 million U to ambush the Hyperliquid at an average price of $0.56 in the past three days and has made 21.1 million XPLs. After the liquidation was detonated, the position was automatically closed at an average price of about $1.15, making a profit of $12.5 million.
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