Bitget App
Trade smarter
The XPL whale, after a massive accumulation, is shorting XPL with 2x leverage, possibly as a hedge against spot positions.
Show original
BlockBeats News, September 27, according to monitoring by @EmberCN, the whale who spent 33 million USDC today to purchase 24.295 million XPL has now transferred 7 million USDC to a contract account and has started shorting XPL with 2x leverage. Currently, 1.54 million XPL have been shorted, which may serve as a hedge for their spot position.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Investment app Public acquires Alto's crypto business for $65 million
Chaincatcher•2025/11/13 16:08
U.S. stocks continue to decline, S&P 500 falls 1%
Chaincatcher•2025/11/13 16:07
U.S. stocks continue to decline, Nasdaq falls 1.7%
金色财经•2025/11/13 15:53
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$101,301.2
-0.78%
Ethereum
ETH
$3,378.13
-1.27%
Tether USDt
USDT
$1
-0.01%
XRP
XRP
$2.43
+2.51%
BNB
BNB
$955.99
+0.85%
Solana
SOL
$152.85
-1.75%
USDC
USDC
$0.9999
-0.00%
TRON
TRX
$0.2968
+0.19%
Dogecoin
DOGE
$0.1724
+0.67%
Cardano
ADA
$0.5531
-0.82%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now