The primary operator involved in the XPL hedging incident has reopened a long position, raising concerns of continued market manipulation. On-chain analyst @ai_9684xtpa reported that the operator, identified as 0xb9c…6801e, closed a previous long position early this morning and distributed 27.1 million USDC across 11 addresses. Subsequently, the operator initiated a new 1x XPL long position valued at $18.14 million, achieving a cumulative profit of $1.148 million. Despite Hyperliquid's optimization of its mark price calculation, the operator's actions suggest ongoing manipulation efforts, potentially to evade tracking. The current pre-market price of XPL on Binance is $0.5713, while on Hyperliquid, it stands at $0.72001, indicating a 26% price discrepancy. Analysts advise caution against immediate investment in XPL due to these developments.