Gate News Bot news, on August 28, according to CoinMarketCap data, as of the time of writing, XPL (Plasma) is currently priced at $0.49, having fallen by 5.64% in the last 24 hours, with a high of $0.55 and a low of $0.16. The 24-hour volume reached $940,100. Current market capitalization data is not available. XPL is currently ranked 3592nd in global crypto assets market capitalization. Important recent news about XPL: 1️⃣ **Hyperliquid platform XPL volume surges** On the Hyperliquid platform, the 24-hour trading volume of XPL perpetual contracts exceeded $158 million, with an open interest of approximately $50.5 million. The funding rate has reached nearly 0.15%, indicating a high trading enthusiasm for XPL. 2️⃣ **XPL price short term

Gate News bot message, Hyperliquid has implemented a new mark price calculation methodology for pre-market perpetual contracts. Following this update, the funding rates for WLFI and XPL have experienced significant increases. WLFI's funding rate has risen to 100% APY while XPL's funding rate has rea

Odaily News on-chain data analyst MLM (@mlmabc) posted on X, stating that after thorough verification, it can be confirmed that the person who attacked XPL on Hyperliquid this morning is not Sun Yuchen. We sincerely apologize for the previous misinterpretation. More information will be released later.

BlockBeats news, on August 27, according to Lookonchain monitoring, XPL shorters are significantly depositing USDC into Hyperliquid to avoid getting liquidated. Among them: the address starting with 0x142a deposited 44 million USD, raising its 3x shorting XPL position liquidation price to 4.025 USD. The address starting with 0x0Aa9 deposited 29 million USD, raising its 3x shorting XPL position liquidation price to 10.73 USD.

Gate News bot message, Two whale traders with significant short positions in XPL have made substantial USDC deposits on Hyperliquid. On-chain data shows that trader 0x142a transferred 44 million USDC, while trader 0x0Aa9 moved 29 million USDC to the platform.

Gate News bot message, a crypto whale wallet address 0x54d7 recorded losses over $1.4 million from leveraged short positions. The trader took short positions on XPL with 2x leverage and WLFI with 3x leverage. The liquidation prices were set at $2.2866 for XPL and $1.1172 for WLFI.

The Hyperliquid platform's Perptual Futures XPL is currently priced at $0.84, with a 24-hour volume exceeding $158 million and an open interest of approximately $50.5 million. The market has seen large-scale sniping operations, with four major Addresses collaborating on short orders to profit $46.1 million. A leading address made a large purchase in a short time, realizing a profit of $16 million and still holding long orders worth $11.43 million.

In the past 24 hours, funds in the crypto market have been highly active on-chain, with ancient BTC whales continuously cashing out their chips and leaning towards ETH, significantly increasing the risk of leveraged positions; XPL was jointly targeted by whales on the Hyperliquid platform, leading to rapid deleveraging in the market; HYPE, WLFI, and other ecological funds performed outstandingly, with institutional strategies focused on arbitrage and liquidity positioning. Overall, market sentiment remains cautious, and the liquidity concentration of top assets has further increased.

Odaily News According to on-chain analyst Ai Yi's monitoring, a certain Address (0xb9c...6801e) has seen a short-term pump in XPL, currently holding 10.7 million USD in a 1x long order (13.68 million XPL Holdings) with unrealized gains reaching 2.63 million USD, and the entry price was 0.5901 USD. This Address previously profited over 16 million USD from a hedge sniper. When XPL hit 0.99 USD, the unrealized gains for this Address once soared to 5.47 million USD.

Odaily News According to on-chain analyst Ai Yi's monitoring, the price of XPL on Hyperliquid has once again approached 1 dollar with a long wick candle, while the contract price on Binance has not fluctuated much. Market data shows that XPL is currently priced at 0.81 dollars.

Zhu Su commented on the XPL event on Hyperliquid, believing that this is not a vulnerability, but rather an issue with hedgers shorting rising assets, which may result in losses due to insufficient understanding of isolated and cross Margin.

Foresight News reports that, according to @ai9684xtpa monitoring, the WLFI Lockbox contract has locked 13.35 billion Tokens, valued at 3.5 billion USD. Although WLFI has fallen 52.5% from its peak, based on the current contract price of 0.2615 USD, the paper return rate for phase one investors in the public sale is still 16.43 times, and phase two is still 4.23 times. In addition, it may have been affected by the XPL trap hedging incident, Hyperliquid WLFI.

Gate News bot message, a fresh wallet address has made a significant move in the cryptocurrency market by depositing 2.59 million USDC into HyperLiquid. Following the deposit, the wallet initiated a long position in XPL with 1x leverage.

BlockBeats news, on August 27, according to on-chain analyst AI Yi @ai9684xtpa, market rumors this morning suggest that the XPL price manipulation event is related to Justin Sun, as it involves tracing the source of funds upwards, with an address suspected of price manipulation having transferred ETH to an address associated with Justin Sun five years ago, but there is no direct evidence proving this is Justin Sun. BlockBeats reported earlier today that by significantly going long on XPL and pushing the price up to $1.8, three whale wallets liquidated other positions in less than an hour and earned nearly $38 million in profit. A certain wallet address went long on millions of XPL on Hyperliquid after 5:35 this morning, directly clearing the entire order book.

Foresight News reports that, according to monitoring by Yu Jin, the market manipulators of XPL on Hyperliquid should have first ambushed to go long through two wallets at 5:30 AM, then pumped the price to trigger automatic liquidation, thus obtaining a profit of up to 27.5 million USD. The address starting with 0xb9c used 11 million U on Hyperliquid two days ago to ambush long 31.75 million XPL at an average price of 0.56 USD, and then today at 5:30 AM, continued to transfer 5 million U to pump the XPL price, leading to a series of liquidations, ultimately triggering automatic liquidation between 1.1 and 1.2 USD, with a profit of 15 million USD after the position was automatically closed. Another DeBank

According to Foresight News and data from Coinglass, the liquidation amount of XPL short positions on Hyperliquid's XPL/USD in the last 4 hours reached 16.58 million USD, accounting for 99.35% of the total short order liquidation across the network.

Gate News bot message, A significant trading event occurred on HyperLiquid where a large-scale trader executed a rapid series of XPL transactions. Within a 2-minute timeframe, the trader pushed XPL price to $1.8, subsequently closed their position, securing over $14 million in profits. Following t

BlockBeats news, on August 27, according to on-chain data, HLP earned about $47,000 during the volatility period of XPL this morning, with an annualized return rate of 14% over the past month. A Whale went long millions of XPL from 5:00 to 6:00 this morning, directly sweeping the entire order book, squeezing all short orders. He then started to close some long orders, making $16 million in just one minute. XPL surged to $1.80 in 2 minutes, with a rise of over 200%. BlockBeats previously reported that on March 26, a holder possessed 126 million coins.

Odaily News According to on-chain data, WLFI may be affected by the XPL chain liquidation event, briefly pumping above $0.42, and then quickly falling back to $0.28.

Odaily News According to @mlmabc, there were traders on Hyperliquid who went long on XPL in large amounts, triggering a chain of liquidations. The price of XPL surged over 200% in just 2 minutes, reaching a high of $1.80. The trader partially closed their position during the price pump, realizing a profit of approximately $14.66 million, and currently still holds 12.08 million XPL (worth about $7.17 million).

Gate 新闻机器人消息，观察到一项显著的加密交易活动，一只鲸鱼地址 "0xb9c" 向 Hyperliquid 充值了 1098 万 USDC。该交易者以 3 倍杠杆在 XPL 上开了一个多头仓位，最终仓位大小为 1617 万 XPL，价值 876 万美元。

Gate News 机器人消息，随着一位加密鲸鱼在 Hyperliquid 平台上进行了一笔 499 万美元 USDC 的大额充值，市场发生了重大波动。在充值后，这位鲸鱼以 3 倍杠杆建立了 XPL 代币的多头头寸。

On August 24, news reports revealed that Futures Trading whales James Wynn, AguilaTrades, and insider trader @qwatio have recently experienced significant losses in their positions. James Wynn holds about $240,000 in DOGE long orders, with a loss of $226,000; AguilaTrades holds $2.82 million in BTC long orders, with a loss of $6.69 million; @qwatio has traded XPL and ETH, suffering severe losses.

According to BlockBeats, on August 24, a whale user created a new wallet address and deposited 5.42 million USDC, planning to short ETH, WLFI, and XPL. The current short position includes 10,641 ETH, 396,711 WLFI, and 53,793 XPL.

A new Wallet, after depositing 12 million USD into Hyperliquid, is closing out a long order of XPL worth 3 million USD and shorting 1.5 million USD of WLFI, resulting in an XPL funding rate dropping to -0.0040% (annualized -35%). The Wallet also holds a long order of 40 million USD in ETH and a long order of 11 million USD in SOL.

ChainCatcher news, on August 23, according to on-chain analyst Ai Yi (@ai9684xtpa) monitoring, the Address 0x006...2a78F entered a position with 3x leverage to go long XPL, with unrealized gains of $1,946,000 in just one day. Currently, the holdings are 24,544,197 XPL (approximately $14,190,000), with an entry price of $0.5009 and a liquidation price of $0.1789.

Gate 新闻机器人消息，一项显著的交易活动被记录下来，一位鲸鱼交易者在 XPL 上建立了 3 倍杠杆的多头头寸。虽然该头寸目前显示约 900,000 美元的浮动利润，但交易者仍需要 190 万美元才能达到盈亏平衡点。

Recently, with the price of Ethereum reaching a historical high, three previously loss-making Futures Trading Whales, James Wynn, AguilaTrades, and @qwatio, have returned to the market. James Wynn holds a long order of ETH, AguilaTrades has opened a short order, while @qwatio holds a short order of XPL, all with unrealized gains.

PANews August 23 news, according to @ai9684xtpa monitoring, the "insider Whale" deposited 33,000 USDC Margin to Hyperliquid 40 minutes ago, and then opened a 3x leveraged short order on $XPL, Holdings of 20,000 coins, with an opening price of $0.5768.

BlockBeats news, on August 23, according to on-chain data, the top HYPE holder is going long on XPL. He has used 380,000 KHYPE (worth 16.8 million USD) as collateral on Morpho to borrow 5.6 million USDT0, and currently holds 11 million XPL long orders (worth 5.2 million USD). His entry price was 0.49178 USD, the liquidation price is 0.26422 USD, and the current unrealized losses are 57,000 USD.

The stablecoin payment service provider Crydit will distribute Crydit SBT as an on-chain certificate to Crydit Card holders, who will receive an airdrop reward of the Plasma Token XPL. Crydit supports payments using stablecoins such as USDT, USDC, and DAI through its encryption wallet, and has launched unlimited Crydit Visa Cards and a Mastercard suitable for small purchases. In the future, it will explore technology solutions related to stablecoin payments in depth.

According to Gate News bot, the Gate platform has recently launched pre-market trading for XPL/USDT Perptual Futures. The newly launched XPL/USDT Perptual Futures use USDT for settlement, allowing traders to go long or short, with support for 1-10x leverage.

According to Foresight News, monitored by Onchain Lens, a trader is going long XPL with 3x leverage, currently realizing unrealized gains of about $175,000. In contrast, another trader who is shorting XPL with 3x leverage is facing unrealized losses of about $122,000.

Odaily News Hyperliquid has launched XPL/USDC Perptual Futures, with a maximum support for 3 times Margin Trading.

BlockBeats news, on August 13, according to lookonchain monitoring, the whale address Regbil spent 6 wallets to buy 1.5 billion PUMP by spending 6 million USDC in the pump.fun public sale, and sold all of it at $0.0059 before the price fell, locking in a profit of $2.85 million. Regbil also deposited $11.1 million into Plasma 2 months ago and spent $571,800 to participate in the XPL public sale.

According to ChainCatcher news and monitoring by lookonchain, the whale address Regbil spent 6 wallets to buy 1.5 billion PUMP for 6 million USDC in the public sale on pump.fun, and sold all at $0.0059 before the price fell, locking in a profit of $2.85 million. Regbil deposited 11.1 million USD into Plasma 2 months ago and spent 571,800 USD to participate in the XPL public sale.

Plasma Blockchain announced that it will launch the XPL token issuance (ICO) on July 17, marking the countdown to the official launch of its Mainnet. The sale of XPL tokens will occur after a $1 billion rise in deposits, with depositors receiving XPL token allocations based on the amount and duration of their deposits. Plasma's token sale will be open to users who have already made deposits, with 10% of the total XPL token supply distributed proportionally. Additionally, token deposits will be subject to a Lock-up Position until July 14, maintaining a minimum lock-up period of 40 days, a policy aimed at ensuring compliance with regulatory requirements. Plasma aims to build a blockchain specifically designed for stablecoins, combining Bitcoin as the settlement layer and supporting Ethereum-compatible EVM design. Plasma also plans to launch multiple native stablecoins and is collaborating with Financial Institutions to explore opportunities for bringing stablecoins into the mainstream financial market.

PANews reported on July 10 that the stablecoin project Plasma announced via Twitter that the public sale of XPL will officially start on July 17. The platform will lock deposits and withdrawals on July 14 (72 hours before the sale), at which time users will not be able to withdraw funds. The official reminder states that vault deposits cannot be used for this sale, so please prepare available funds in advance. All deposits will be locked for at least 40 days after the sale ends.

Gate News bot news, focusing on stablecoin blockchain platform Plasma increased its deposit limit to $1 billion on Thursday morning, reaching the limit within 30 minutes. The new limit is double the previous $500 million. Plasma stated that this temporary adjustment aims to provide a fairer opportunity for real users (such as those active in its Discord) to join, but this is not a token sale at this time. Plasma clarified in a blog post: "Deposits do not represent the sale itself. All funds remain fully owned by the deposit users and will be bridged to the Plasma Mainnet Beta version." Participants will have the right to participate in the $50 million XPL public sale based on the number of units locked before the cutoff. This sale has a fully diluted value of $500 million.

The stablecoin project Plasma issued an emergency announcement on June 12 to reopen the deposit limit in order to reduce interference from Bots and snipers. The $1 billion deposit does not include the sale of XPL; all funds will be transferred to the Plasma Mainnet Testnet. Depositors will participate in the upcoming public sale based on their unit ownership at the time of locking, with a sales limit of $500 million and a valuation of $5 billion.

Gate News bot news, the blockchain platform Plasma, focused on stablecoin infrastructure, has raised $500 million through its XPL token issuance and established a strategic partnership with DeFi giant Aave. The collaboration with Aave will enable Plasma to integrate the lending and liquidity infrastructure of the DeFi protocol, distributing USDT to global institutional clients and underserved markets. At launch, Plasma will also support Aave's native stablecoin GHO. Plasma confirmed that its network is collaborating with Aave, allowing participants in its deposit program to earn real returns directly through the protocol.

PANews reported on May 27 that, according to The Block, Echo, founded by well-known crypto investor Cobie (Jordan Fish), officially launched the IC0 platform Sonar, and the first fundraising project was Plasma, a dedicated chain for stablecoins. Plasma will sell 10% of its total XPL token supply, or 1 billion tokens, through Sonar, with the goal of raising $50 million, corresponding to a fully diluted valuation of $500 million. Users need to deposit USDT, USDC or USDS into the Ethereum Plasma vault to participate, and the lock-up period is set to 40 days or 12 months depending on the region. The Plasma mainnet is expected to go live this summer, and XPL will be used for network consensus, EVM execution, and Bitcoin cross-chain bridge operation.