The recent hot favorite $XPL (Plasma) will go live tonight at 9 PM. Let's take a look at the pre-market contract status. 🔸 The total open interest (OI) across the network has reached $661 million, with Hyperliquid accounting for $305 million and Binance for $255 million. These two platforms hold 84.7% of the positions, but Binance's 24-hour trading volume is three times that of HL. 🔹 Based on the pre-market price of $0.77, the opening circulating market cap is estimated at $1.38 billion, with contract positions accounting for nearly half of the circulating market cap. Due to the presence of hedging forces, similar to WLFI, the OI is absurdly high. 🔸 As we approach the TGE, the pre-market price of Hyperliquid continues to narrow the gap with Binance. Previously, due to different oracle rules, the HL XPL price was always higher than that of Binance. 🔹 The market still leans towards bullish sentiment, with the long-to-short address ratio on Binance at 1.68 and the large holder long-to-short ratio at 1.41. 🔸 The top address for Hyperliquid XPL long positions, 0x152...fa7c2, has realized a profit of $1.211 million, with a position size of $13.56 million and an opening price of $0.693. One of the most generous project teams recently, with a clear opening structure, so tonight your operation is ____.

Previously, Binance and Plasma had a deposit airdrop, where one account deposited 100,000 dollars to get 11,489 $XPL, which at the current price is worth 8,513 dollars. Depositing for a month at an annualized rate of 88%, exceeding expectations, a victory for multi-account users 🙌