TradingBeats data shows that XPL saw a brief but steep drop around 22:00 on Sept. 23, falling from about $0.094 to $0.0815 within an hour. A whale address, 0xb7e0, began building a long XPL position at around 01:00 the next day, with the token trading near $0.085 at the time. The address kept adding through TWAP orders and finished building the position by 18:00. Three hours after the position was completed, XPL started a V-shaped rebound. As of publication, XPL was trading at about $0.1141, up roughly 30.9% from the whale’s entry level. The position is now worth about $3.409 million, with unrealized profit of about $804,500. TradingBeats said the holding return has reached about 308.9%.
According to TradingBeats monitoring cited by BlockBeats on Sept. 25, XPL saw a brief sharp sell-off around 22:00 on Sept. 23, dropping from about $0.094 to $0.0815 within one hour.
The data shows that whale address 0xb7e0 started building a long XPL position at around 01:00 the following day, when the price was near $0.085. The address continued to add through TWAP orders and completed the position by 18:00.
Three hours after the build was completed, XPL began a V-shaped rebound. As of publication, XPL was quoted at about $0.1141, up roughly 30.9% from the whale’s entry price.
At current levels, the position is valued at about $3.409 million, with unrealized profit of about $804,500. The holding return stands at about 308.9%, according to TradingBeats.
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