🐋 Whale $XPL draws attention after a sudden drop
On September 23 evening, $XPL saw a strong but temporary pullback, as the price fell within roughly an hour from $0.094 to $0.0815.
Hours later, on-chain data spotted a whale-related address, 0xb7e0, that begins accumulating a Long position around the $0.085 area, before continuing to gradually build the position using TWAP orders until the trade is completed.
⏱️ What’s interesting is that the coin kicked off a strong recovery wave about 3 hours after the position-building was completed.
📊 In the report setup:
• Price: $0.1141
• Position value: about $3.41M
• Unrealized profit: about $804.5K
🔥 The down-move, then accumulation, then a quick rebound put $XPL in the spotlight of traders.
⚠️ Whale movements don’t necessarily mean the uptrend will continue—watch liquidity and price action before making any decision.
On September 23 evening, $XPL saw a strong but temporary pullback, as the price fell within roughly an hour from $0.094 to $0.0815.
Hours later, on-chain data spotted a whale-related address, 0xb7e0, that begins accumulating a Long position around the $0.085 area, before continuing to gradually build the position using TWAP orders until the trade is completed.
⏱️ What’s interesting is that the coin kicked off a strong recovery wave about 3 hours after the position-building was completed.
📊 In the report setup:
• Price: $0.1141
• Position value: about $3.41M
• Unrealized profit: about $804.5K
🔥 The down-move, then accumulation, then a quick rebound put $XPL in the spotlight of traders.
⚠️ Whale movements don’t necessarily mean the uptrend will continue—watch liquidity and price action before making any decision.