@qwatio Reopens 3x Short Position on XPL
- @qwatio reopens XPL short on Hyperliquid exchange.
- 33,000 USDC margin used for a 3x position.
- Market volatility and interest in XPL increased.
On August 23, 2025, an insider trader known as @qwatio reopened a 3x short position on XPL via the Hyperliquid exchange, using a margin of 33,000 USDC.
@qwatio’s move sparks renewed attention due to past high-profile trading activities and losses, raising questions about potential market volatility and impact on XPL pricing.
Insider trader “@qwatio” returns to the market, opening a new 3x short position on XPL through the Hyperliquid exchange. This follows previous trades with mixed results, capturing attention due to their magnitude and impact.
The position was secured using 33,000 USDC as margin for acquiring 20,000 XPL tokens valued at $0.5768 each. Prior setbacks have not deterred @qwatio, who remains a topic of extensive market speculation and analysis.
XPL (Plasma) prices are being directly influenced, with increased volatility noted. Traders and analysts continue to scrutinize market movements, while community discussions highlight the significant presence of large players like @qwatio.
Given the previous instability and liquidation records, market participants are on alert for potential repercussions. XPL’s market dynamics will be closely monitored for abrupt shifts that might arise from such high-leverage trades.
Immediate concerns focus on potential financial ramifications and market health. The lack of official response underscores the enigma surrounding such trades, though industry experts anticipate brief market disruptions.
Analysts observe potential shifts depending on outcomes from @qwatio’s trades, noting historical patterns where large positions influence price trends. Market participants are advised to keep an eye on leverage data and crypto flows to gauge market sentiments.
“Wallet deposited 33,000 USDC as margin on Hyperliquid and opened a 3x short position on $XPL. The position is relatively small for the account, indicating likely depleted capital from previous losses.” – @ai_9684xtpa, On-chain Analyst
