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Trader Eugene: Sold all XPL holdings, will consider re-entering after true bottoming and stabilization.

BlockBeats News Update: On October 3rd, trader Eugene Ng Ah Sio posted in his personal channel stating, "I have cut my losses on XPL. The price has been below $1 for too long, and I am not interested in participating in the community. I may consider buying back once the market truly bottoms out and stabilizes."

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XPL's public sale was priced at $0.05 per token, with the final total subscription amount exceeding $373 million, representing over 7 times oversubscription.
Eugene believes that discovering opportunities relies on experience, trial and error, and nurturing intuition.
In this liquidation event, over $17.67 million in short positions were liquidated, while two addresses raked in a whopping $27.5 million.
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