According to @EmberCN, on Aug 27 the trader @Techno_Revenant allegedly profited $38.77M from XPL liquidation activity and then continued to build 1x XPL long exposure via 15+ addresses on Hyperliquid (source: @EmberCN, Sep 3, 2025). According to @EmberCN, over 70% of XPL long positions on Hyperliquid are attributed to this trader (source: @EmberCN, Sep 3, 2025). According to @EmberCN, the XPL long now totals 38.17M XPL valued around $26M and has shifted from roughly $10M unrealized profit to an unrealized loss amid the recent pullback (source: @EmberCN, Sep 3, 2025). According to @EmberCN, this outsized positioning concentration may make Hyperliquid’s XPL market highly sensitive to that participant’s actions, so traders should monitor open interest concentration, funding rates, and potential liquidation levels on Hyperliquid XPL (source: @EmberCN, Sep 3, 2025).

According to @ai_9684xtpa, Arkham labeled the WLFI top individual holder address moonmanifest.eth as belonging to trader Techno_Revenant on Aug 29, 2025, highlighting a key whale concentration risk for WLFI. According to @ai_9684xtpa, the address invested about 15 million dollars in the first public round seven months ago, comprising 13 million USDC and 2.01 million USDT, which anchors a notable cost basis for potential inventory management. According to @ai_9684xtpa, the wallet currently holds 1 billion WLFI, so traders can monitor on-chain transfers from moonmanifest.eth and Arkham alerts for early signals of supply overhang and liquidity shocks. According to @ai_9684xtpa, Techno_Revenant is known for XPL hedging strategies, which traders can consider when assessing potential cross-asset positioning and calibrating WLFI and XPL execution, sizing, and slippage. According to @ai_9684xtpa, changes in the whale’s WLFI balance or fresh stablecoin inflows to the tagged wallet can guide entries and exits around anticipated liquidity events.

According to @ai_9684xtpa, XPL perpetuals listed on Hyperliquid when a trader identified as @Techno_Revenant rapidly drove price higher and realized about $38 million profit in roughly 20 minutes. According to @ai_9684xtpa, the trader stated the spike was accidental due to sleep deprivation and that it was only his fifth perpetual futures trade. According to @ai_9684xtpa, the incident highlights extreme short-term volatility and concentration risk in newly listed decentralized perpetual markets like Hyperliquid, which is directly relevant for XPL traders.

According to @OnchainLens, a whale deposited $3M USDC into HyperLiquid and opened an XPL short position with 1x leverage, highlighting a large account taking the short side on XPL. Source: @OnchainLens. The source did not disclose the exact short notional or entry price, only that the leverage is 1x. Source: @OnchainLens.

According to @EmberCN, filtering XPL via the shared on-chain page shows the top 10 addresses are all controlled by a single holder. Source: @EmberCN on X (Aug 29, 2025). Based on this reported distribution, traders may treat XPL as high concentration risk and monitor large-holder movements before entries or sizing positions. Source: @EmberCN on X (Aug 29, 2025).

According to @ai_9684xtpa, four wallets deposited 10 million USDC into Hyperliquid this morning to build long $XPL exposure (source: @ai_9684xtpa). According to @ai_9684xtpa, the addresses reported are 0x302...E4fC5 funded by 0xe41...858c7, and 0x72E...e6483, 0x6c7...86778, 0xAe8...8aC35 all funded by 0x006...2a78f (source: @ai_9684xtpa). According to @ai_9684xtpa, these flows are linked to the Aug 27 hedging/sniping liquidation coordination and the source alleges ongoing XPL manipulation, which traders should treat as an alert to concentrated positioning risk on Hyperliquid’s XPL perps (source: @ai_9684xtpa). According to @ai_9684xtpa, traders should monitor XPL funding rates, open interest, order‑book depth, and liquidation maps on Hyperliquid for signs of large long positioning impacting volatility and squeezes, given the reported deposits (source: @ai_9684xtpa).

According to @EmberCN, a trader known as silentraven realized $38.77M by manipulating XPL liquidations on Hyperliquid two days ago, and is still actively influencing XPL price action on the venue, keeping Hyperliquid’s XPL price roughly 35% higher than Binance at the time reported (source: @EmberCN on X, Aug 29, 2025). According to @EmberCN, the realized profits were bridged and dispersed into more than 20 addresses, and some of those addresses re-entered Hyperliquid with 1x positioning, coinciding with the noted price dislocation between Hyperliquid and Binance for XPL (source: @EmberCN on X, Aug 29, 2025). According to @EmberCN, traders engaging XPL on Hyperliquid should account for the venue-specific premium versus Binance and concentrated flow in sizing, risk limits, and liquidation thresholds (source: @EmberCN on X, Aug 29, 2025).

According to @OnchainLens, three wallets, likely controlled by a single entity, deposited $7.49M USDC into Hyperliquid, indicating fresh capital allocated to the venue, Source: @OnchainLens on X, Aug 29, 2025. According to @OnchainLens, the entity opened a long position in XPL with 1x leverage on Hyperliquid, Source: @OnchainLens on X, Aug 29, 2025. According to @OnchainLens, there is an open order to increase the XPL position over a 21-23 hour window, defining the execution timeframe for additional size, Source: @OnchainLens on X, Aug 29, 2025. According to @OnchainLens, key trading datapoints for tracking are the $7.49M deposit size, 1x leverage, and the stated 21-23 hour scale-up window on Hyperliquid, Source: @OnchainLens on X, Aug 29, 2025.

According to @ai_9684xtpa, XPL on Hyperliquid briefly touched $0.8119 and later traded near $0.7745 while Binance perpetuals quoted $0.6354 (source: @ai_9684xtpa on X, Aug 28, 2025). Based on those reported prices, this implies an estimated 21.9% cross-venue premium that can influence basis, funding dynamics, and liquidation thresholds for XPL traders (calculated from figures reported by @ai_9684xtpa on X, Aug 28, 2025). The same source adds that the main wallet tied to the hedge-sniping event shows combined unrealized profit of $2.553 million across 11 sub-accounts, indicating profitable positioning during the dislocation (source: @ai_9684xtpa on X, Aug 28, 2025).

According to Lookonchain, whales shorting XPL on Hyperliquid deposited large amounts of USDC to avoid liquidation amid alleged manipulation, posted on Aug 27, 2025 (Lookonchain). According to Lookonchain, address 0x142a deposited 44M USDC and address 0x0Aa9 deposited 29M USDC, totaling 73M USDC in added margin (Lookonchain). According to Lookonchain, this activity signals sizable short exposure in XPL on Hyperliquid and active liquidation risk management by large traders (Lookonchain).

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).

According to @ai_9684xtpa, Hyperliquid’s $XPL printed another sharp wick to nearly 1.00 USD while Binance’s $XPL perpetual showed little movement at the same time, indicating a temporary cross-exchange price divergence, source: @ai_9684xtpa (Aug 27, 2025). For short-term traders, this observed divergence highlights execution and slippage risk on Hyperliquid during wick events and underscores the need to monitor inter-exchange spreads for $XPL perps, source: @ai_9684xtpa (Aug 27, 2025).

According to @lookonchain, wallet 0x64a4 suffered multiple liquidations on an XPL short and lost roughly $2 million within minutes, indicating a rapid upside move that punished shorts source: @lookonchain. For traders, this underscores acute short-side risk and potential squeeze dynamics in XPL during fast moves, calling for lower leverage, larger collateral buffers, and strict risk controls source: @lookonchain.

According to @lookonchain, a whale manipulated XPL on Hyperliquid, causing address 0xC2Cb's XPL short to be fully liquidated. According to @lookonchain, the realized loss from the liquidation totaled $4.59M. According to @lookonchain, the incident was reported on Aug 27, 2025.

According to @ai_9684xtpa, four related wallet addresses participated in an XPL snipe and realized a cumulative profit of 46.1 million dollars, with detailed transactions and addresses shared in the post at https://twitter.com/ai_9684xtpa/status/1960531751337640214 (source: @ai_9684xtpa). Traders can review the cited wallets and transaction history to monitor potential flows that could impact XPL liquidity and volatility if trading this asset (source: @ai_9684xtpa).

According to @ai_9684xtpa, four primary wallets executed a hedged long-led short squeeze in XPL, realizing an estimated $46.1 million in profit, based on on-chain trade tracking (source: @ai_9684xtpa, X, Aug 27, 2025). The lead wallet 0xb9c...6801e accumulated long positions in multiple small tranches starting Aug 24 and then executed a large buy at 05:35 that blew out short positions, indicating a coordinated squeeze trigger (source: @ai_9684xtpa, X, Aug 27, 2025). Three additional participating wallets—0xe41...858c7, 0x006...2a78f, and 0x894...00779—were identified as part of the operation, reinforcing concentrated order flow behind the move (source: @ai_9684xtpa, X, Aug 27, 2025).

According to Lookonchain, three whale wallets aggressively longed XPL, drove the price to 1.8 dollars, wiped out others' positions, and captured nearly 38 million dollars in profits in under an hour, source: Lookonchain, Aug 27, 2025. For traders, the whale-driven spike underscores concentrated flow risk and the potential for rapid liquidation cascades in XPL markets, source: Lookonchain, Aug 27, 2025. Risk management should prioritize reduced leverage, strict stops, and liquidity checks when trading XPL following such whale activity, source: Lookonchain, Aug 27, 2025.

According to @EmberCN, around 05:30 an alleged manipulator on Hyperliquid used two wallets to pre-long XPL, then pushed the price to trigger liquidations and auto-closings, realizing up to $27.5 million in profit. Source: @EmberCN on X, August 27, 2025. @EmberCN reports that wallet 0xb9c...01e opened a 31.75 million XPL long on Hyperliquid with 11 million U at an average entry of $0.56, then transferred an additional 5 million U around 05:30 to drive XPL higher. Source: @EmberCN on X, August 27, 2025. The sequence is described as leveraging liquidation mechanics to close counterparties and capture profits. Source: @EmberCN on X, August 27, 2025.

According to @lookonchain, whale address 0xb9c0 deposited 16M USDC into Hyperliquid and opened a large long on $XPL, sending the price to $1.8 and triggering widespread liquidations, according to @lookonchain on Aug 27, 2025. @lookonchain reports the whale then closed the position in under an hour for over $14M in profit, according to @lookonchain on Aug 27, 2025.

According to @ai_9684xtpa, wallet 0xb9c...6801e began going long several million XPL on Hyperliquid at 05:35, sweeping the entire order book, source: @ai_9684xtpa. This aggressive buy triggered a short squeeze against mostly 1x hedge shorts, source: @ai_9684xtpa. The sequence realized roughly USD 16 million in profit within about one minute, source: @ai_9684xtpa. On-chain tracing in the post indicates the capital stack came mainly from two sources, including address 0x5dE...c03c3, source: @ai_9684xtpa.