According to @OnchainLens, a 1.6-year dormant whale increased its 1x long position in LIT to $3.59M with an unrealized loss of over $1.26M, based on the cited wallet 0x7d162baaff2a8ab5634d9ffa7985f1fa6dc03e66 on CoinMarketMan Hypertracker as the data source. Six hours earlier, the same address closed an ASTER short for a realized profit of $537K, per @OnchainLens, with the transaction visible via the CoinMarketMan Hypertracker wallet page for 0x7d162baaff2a8ab5634d9ffa7985f1fa6dc03e66.

According to @ai_9684xtpa, the primary operator in the XPL hedging snipe event at address 0xb9c...6801e closed prior longs earlier today but, after Hyperliquid optimized its mark price calculation, redistributed 27.10 million USDC to 11 addresses and reopened a 1x $XPL long worth $18.14 million, with cumulative unrealized profit reported at $1.148 million, indicating the strategy continues per the source.