A significant transaction involving 30 million USDC has propelled XPL's price by over 10% in the past two hours. A new wallet withdrew 71.524 million USDC from an exchange and transferred 30 million USDC to Hyperliquid to acquire XPL. So far, 13.6 million USDC has been used to purchase 10.87 million XPL at an average price of $1.25. The buying activity is ongoing, contributing to the rapid price increase.
Large USDC Purchase Drives XPL Price Surge
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