Well-known trader TechnoRevenant holds long positions in XPL worth approximately $31.10 million, accounting for 35.5% of Hyperliquid's total open interest.
BlockBeatsAug 29, 2025On August 29, according to on-chain analyst @mlmabc, well-known trader TechnoRevenant holds a large number of low-leverage long positions in XPL on Hyperliquid. Currently, he holds 28,295,963 XPL long positions (approximately $31.10 million), accounting for 35.5% of Hyperliquid's total open interest ($87.50 million). In addition, he also holds 26,534,000.00 $USDC of unused funds on Hyperliquid.
It is worth noting that all of these positions have leverage of less than 1x, and he is slowly performing TWAP operations instead of buying on the market, thereby minimizing the impact on the short-term market.
[BlockBeats]
Well-known trader TechnoRevenant holds long positions in XPL worth approximately $31.10 million, accounting for 35.5% of Hyperliquid's total open interest.
BlockBeatsAug 29, 2025On August 29, according to on-chain analyst @mlmabc, well-known trader TechnoRevenant holds a large number of low-leverage long positions in XPL on Hyperliquid. Currently, he holds 28,295,963 XPL long positions (approximately $31.10 million), accounting for 35.5% of Hyperliquid's total open interest ($87.50 million). In addition, he also holds 26,534,000.00 USDC of unused funds on Hyperliquid.
It is worth noting that all of these positions have leverage of less than 1x, and he is slowly performing TWAP operations instead of buying on the market, thereby minimizing the impact on the short-term market.
[BlockBeats]
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