「Suspected HYPE Listing Insider Trading」 Whale Keeps Accumulating and Bottoming Out, Now the Biggest Long Position Holder in XPL on Hyperliquid

According to the monitoring of HyperInsight, within the past 4 hours, the "Suspected HYPE Listing Insider Trading" whale (0x082) has continuously increased its 5x leveraged XPL long position. The average position price is 0.33 USD, and the position size held is 8.22 million USD. Currently, there is an unrealized loss of 1.14 million USD, with a floating loss rate of 70%. This address has been continuously adding to its XPL long position against the trend over the past 4 days while averaging down the price. Now, it holds the largest position in the Hyperliquid XPL contract. Its main current long positions are: HYPE 47.14 million USD, XPL 8.22 million USD, PURR 0.5 million USD. This address previously opened a 40 million USD HYPE long position (5x) 5 hours before Robinhood announced the launch of spot trading for HYPE on October 23, which has led the community to suspect insider information. It is worth noting that another whale address, "Abraxas Capital," holds the largest short position in the XPL contract on Hyperliquid. The average position price is 0.88 USD. Currently, it has realized a profit of 14.1 million USD, with a return rate of over 1000%.