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"Pal" Increases Long Position by 200,000 XPL, Facing Over $11 Million Unrealized Loss

BlockBeats News, October 4th, according to HyperInsight monitoring, "Brother Ma Ji" Huang Licheng's address just added 200,000 XPL to a long position (5x leverage), currently experiencing a unrealized loss of $11.18 million.

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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.
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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