According to @ai_9684xtpa, as XPL spiked intraday, on-chain address 0xb9c...6801e realized over $16 million from a hedging snipe earlier today, and its unrealized profit later climbed again to $2.63 million (source: @ai_9684xtpa). The address still holds a $10.7 million 1x long totaling 13.68 million XPL with an entry price of $0.5901 (source: @ai_9684xtpa). When XPL touched $0.99, the address’s unrealized PnL briefly peaked at $5.47 million, marking $0.5901 and $0.99 as key reference levels for traders tracking XPL momentum and liquidity (source: @ai_9684xtpa).