XPL Whale Activity Sparks Shorting Potential

An influential investor, identified as a ‘whale’ based on their substantial trading activity, has recently initiated short positions in the XPL market within the $2-$3 price range. These transactions were observed using the lookonchain platform and suggest a potential strategy to profit from an anticipated price surge. This strategy would involve selling XPL shares at higher prices before potentially buying them back later at lower prices for a potential short-selling profit.