A whale has increased its XPL holdings by $30 million, with over $40 million still available for further accumulation.

BlockBeats News, September 27th, according to EmberCN monitoring, this morning a whale address transferred 30 million USDC to Hyperliquid, acquiring 22.37 million XPL at an average price of $1.34 per XPL.

The whale's initial purchase of XPL was at $1.17, and the current price has risen to $1.53, up over 30%.

The address still holds 41.52 million USDC withdrawn from Kraken, of which 10 million USDC has also been transferred to Hyperliquid, possibly to be used for another XPL purchase.