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A giant whale pulled XPL to $1.8 in two minutes and then position squaring, making more than $14 million

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2025-08-27 00:49:12
According to Onchain Lens, a whale lifted the price of XPL to $1.80 in just two minutes, and then position squaring, profiting more than $14 million and re-establishing a long position in XPL. Instead, due to the sudden spike in price, a trader with a short position in $XPL was liquidated, losing $7 million.
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