HYPE top holders are going long on XPL, holding a long positions worth $5.2 million.

GateNews
HYPE8,25%
XPL9,18%

According to BlockBeats news on August 23, on-chain data shows that HYPE top holder is going long on XPL. He has collateralized 380,000 KHYPE (worth $16.8 million) on Morpho to borrow 5.6 million USDT0, and currently holds a long order of 11 million XPL (worth $5.2 million). The entry price is $0.49178, the liquidation price is $0.26422, and the current unrealized losses are $57,000.

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