Loracle's recent XPL accumulation—is it genuine conviction or just averaging down after being trapped?


The average price has been pushed down to 0.1, still at a 40% loss, and the liquidation price of $0 looks frightening, but those who dare to do this are either insiders or have nerves of steel.
I bet on the latter.
XPL0.70%
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CoinNetwork
CryptoWorld News reports that well-known trader Loracle has increased his long position in XPL by 6,554,682 tokens, approximately $549,279.79. His current holdings total $3,602,685.04, with the average price falling from $0.11 to $0.10. The current profit and loss is -$356,963.56 (-39.63%). The current token price is $0.09, and the liquidation price is $0.
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