A whale pushed XPL up to $1.8 within two minutes and then closed the position, earning over $14 million in profit.

According to Jinse Finance, Onchain Lens monitoring shows that a whale pushed the price of XPL up to $1.8 within just two minutes, then closed the position, making a profit of over $14 million, and re-established a long position in XPL. In contrast, due to this sudden price surge, a trader holding a $XPL short position was liquidated, resulting in a loss of $7 million.