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 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.