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A whale has spent $4.99 million to open a 3x leveraged long position on XPL.

By: theblockbeats.news|2025/08/24 07:42:13

BlockBeats News, August 24, according to OnchainLens monitoring, a whale deposited 4.99 million USDC into Hyperliquid and opened a 3x leveraged long position on XPL.

Opinion: Interpreting the WLFI token distribution as Aave's intrinsic value is not accurate, and the 7% token distribution clause overvalues it.

Analysis: Interest Rate Cut Will Exacerbate Historic Wealth Disparity, Asset Holders Will Outrun Inflation