Data: Four major addresses suspected of jointly sniping XPL hedging orders, earning $46.1 million in profit

Jinse Finance reported that, according to on-chain analyst Ai Aunt (@ai 9684xtpa), four major addresses participated in a sniping operation targeting $XPL hedged short positions, with cumulative profits reaching as high as $46.1 million. The leading address 0xb9c...6801e began accumulating long positions multiple times since August 24, and at 05:35 (UTC+8) today, made a large purchase, sweeping the entire order book and earning $16 million in just one minute. The other three cooperating addresses began closing positions for profit when the XPL price reached a short-term peak. Analysis shows that two of the addresses share the same source of funds, and the margin for all three main addresses was obtained via debridge cross-chain transactions, with similar operating habits, indicating coordinated action.