According to @ai_9684xtpa, the primary operator in the XPL hedging snipe event at address 0xb9c...6801e closed prior longs earlier today but, after Hyperliquid optimized its mark price calculation, redistributed 27.10 million USDC to 11 addresses and reopened a 1x $XPL long worth $18.14 million, with cumulative unrealized profit reported at $1.148 million, indicating the strategy continues per the source.