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Renowned Trader TechnoRevenant Holds XPL Long Positions Worth Approximately $31.1 Million, Accounting for 35.5% of Hyperliquid's Total Open Interest

Summary: According to reports, renowned trader TechnoRevenant holds a large amount of XPL long positions on Hyperliquid. Currently, he holds 28,295,963 XPL long positions (approximately $31.1 million), accounting for 35.5% of Hyperliquid's total open interest ($87.5 million). Additionally, he also holds $26.534 million USDC in unused funds on Hyperliquid. It is worth noting that all these ...

According to reports, renowned trader TechnoRevenant holds a large amount of XPL long positions on Hyperliquid. Currently, he holds 28,295,963 XPL long positions (approximately $31.1 million), accounting for 35.5% of Hyperliquid's total open interest ($87.5 million). Additionally, he also holds $26.534 million USDC in unused funds on Hyperliquid.

It is worth noting that all these positions have leverage below 1x, and he is slowly conducting TWAP operations instead of buying in the market, thereby minimizing the impact on the short-term market.

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