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Home News Large XPL Whale Engages in Massive XPL Purchase, Shorts XPL with 2X Leverage, or Hedges Spot Operations

Large XPL Whale Engages in Massive XPL Purchase, Shorts XPL with 2X Leverage, or Hedges Spot Operations

BlockBeats News, September 27th, according to @EmberCN monitoring, today a whale spent 33 million USDC to purchase 24.295 million XPL. The whale has now transferred 7 million USDC to a contract account and started shorting XPL with 2x leverage, currently shorting 1.54 million XPL, possibly to hedge its spot position.

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