"Maji" Huang Licheng reduced position and cut loss on XPL, swing trading with a small amount to go long.

On September 30, according to HyperInsight monitoring, in the past hour, Huang Li continuously reduced his position in XPL long orders by 650,000 pieces, and then increased his holdings by 700,000 pieces at prices between $1.12 and $1.5, while placing open orders to sell off his long positions in batches at prices between $1.145 and $1.21, trying to average down his costs and reduce losses. His current position has unrealized losses of $7.33 million. Additionally, it has been monitored that multiple Whales have been shorting XPL today. Yesterday at 3 PM (Beijing time), Huang Licheng increased his position in XPL long orders, while placing open orders for batch take profit, with unrealized gains of approximately $1.08 million.