Techno Revenant's XPL Trading Strategy Faces Losses

According to BlockBeats, Techno Revenant, who previously profited $38 million by manipulating XPL liquidations, has continued to engage in trading activities using over 15 addresses to leverage XPL at 1x. At one point, their total position accounted for 70% of the long positions on Hyperliquid's XPL market. Recently, with the price of XPL experiencing a pullback, the value of Techno Revenant's XPL long position, currently worth $26 million (equivalent to 38.17 million XPL), has shifted from a previous unrealized gain of $10 million to an unrealized loss of $3.67 million.