Analysis: Four major addresses are suspected to have participated in the XPL hedging attack, with a cumulative profit of $46.1 million

Four addresses jointly attacked $XPL and made a profit of $46.1 million. The main address squeezed out short orders in the early morning, while the others cooperated to accumulate long orders and closed their positions at high points. Some addresses had floating profits of over $10 million due to long positions on HYPE.