TechFlow, September 3 — According to on-chain analyst Yu Jin, TechnoRevenant, who previously profited $38.77 million on August 27 by manipulating the XPL liquidation, has since opened long positions on XPL with 1x leverage through more than 15 addresses. On Hyperliquid, over 70% of the XPL long positions are held by this entity. As XPL's price has recently corrected over the past two days, its current XPL long position worth $26 million (38.17 million XPL) has shifted from a paper profit of $10 million in recent days to a paper loss of $3.67 million.
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