$XPL xpl After today, I finally saw some shorts being liquidated, but the shorting capital is still very large. As for why they didn’t pump it up, the tokens unlocked before September 25th are all ecosystem reward funds; September 25th is when the team and investors’ tokens unlock.
My personal view is that in the early period, after the high at 1.6, it kept drifting down, and the shorting capital stayed steadily at around 20m. By pumping before September, both the project team and the investors can easily offload their holdings.
My personal view is that in the early period, after the high at 1.6, it kept drifting down, and the shorting capital stayed steadily at around 20m. By pumping before September, both the project team and the investors can easily offload their holdings.