PANews reported on September 27th that, according to on-chain analyst Yu Jin, the 30 million USDC transferred to Hyperliquid that morning has been fully converted into XPL. A total of 22.37 million XPL were purchased at an average price of $1.34. When the address initially made purchases that morning, the price of XPL was $1.17. It is now $1.52, a 30% increase. The address has 41.52 million USDC remaining after withdrawing from Kraken.
A whale increased its holdings of XPL by $30 million, pushing the token up 30%, and still has over $40 million to increase its holdings.
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Author: PA一线
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