Analysis: Suspected four main addresses jointly targeted XPL hedging contracts, profiting 46.1 million USD

ChainCatcher message, according to @ai 9684xtpa monitoring, four main addresses participated in a targeted operation against XPL hedging short positions, with total profits reaching as high as 46.1 million dollars.

The leading address 0xb9c…6801e has been accumulating long positions multiple times since August 24 and made a large purchase at 05:35 this morning, directly sweeping the entire order book, profiting 16 million dollars in just one minute.

The other three cooperating addresses began to close positions for profit when the XPL price reached a short-term high. Analysis shows that two of the addresses have the same source of funds, and the margin for all three main addresses was obtained through debridge cross-chain, exhibiting similar operational habits and showing characteristics of coordinated operations.