PANews reported on October 3rd that trader Eugene Ng Ah Sio updated his stance on the XPL token on his personal channel today, announcing that he had sold his XPL positions. He said the reason for selling was that the price of XPL "stayed below $1 for too long" and that he "had no interest in becoming a community member (meaning a long-term holder) here." As for the future, Eugene said he might try to buy again "when a natural bottom is formed." PANews previously reported that Eugene had posted on October 1 that he had established a position in XPL, citing his optimism about the stablecoin narrative and the hope that its price drop below $1 was only temporary.PANews reported on October 3rd that trader Eugene Ng Ah Sio updated his stance on the XPL token on his personal channel today, announcing that he had sold his XPL positions. He said the reason for selling was that the price of XPL "stayed below $1 for too long" and that he "had no interest in becoming a community member (meaning a long-term holder) here." As for the future, Eugene said he might try to buy again "when a natural bottom is formed." PANews previously reported that Eugene had posted on October 1 that he had established a position in XPL, citing his optimism about the stablecoin narrative and the hope that its price drop below $1 was only temporary.
Trader Eugene announced that he had sold XPL: because its price was below $1 for a long time, he had no intention of becoming a "community member"
2025/10/03 16:59
PANews reported on October 3rd that trader Eugene Ng Ah Sio updated his stance on the XPL token on his personal channel today, announcing that he had sold his XPL positions.
He said the reason for selling was that the price of XPL "stayed below $1 for too long" and that he "had no interest in becoming a community member (meaning a long-term holder) here." As for the future, Eugene said he might try to buy again "when a natural bottom is formed."
PANews previously reported that Eugene had posted on October 1 that he had established a position in XPL, citing his optimism about the stablecoin narrative and the hope that its price drop below $1 was only temporary.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
Google Cloud Partnership Boosts Cardano’s Midnight Privacy Chain as ADA Price Eyes Mega Move ⋆ ZyCrypto
The post Google Cloud Partnership Boosts Cardano’s Midnight Privacy Chain as ADA Price Eyes Mega Move ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement     Cardano-backed privacy blockchain Midnight has announced a partnership with Google Cloud to advance zero-knowledge technology and power the “next generation of digital systems.” According to an official statement, Google Cloud will operate critical network infrastructure, potentially running a validator node for Midnight. Flowing from the above, Google’s suite of cloud computing services will not only interact with Cardano’s ADA but will hold NIGHT tokens as part of the arrangement. According to the announcement, Google Cloud will deploy its confidential computing capabilities to enhance Midnight’s data protection services. Furthermore, Google Cloud plans to extend its Mandiant Threat Monitoring service to scan Midnight for early signs of cyberattacks, providing advanced incident response to developers. “This collaboration will help developers, startups, and enterprises innovate across advancements in zero-knowledge, incident response, and privacy-enhancing technologies,” read the statement. Both parties are eyeing privacy-enhancing applications across various industries, including government processes, healthcare, and finance. Particularly, the parties view utilities in private trading, verifiable credentials, and cross-border payments as low-hanging fruit for privacy-enhancing technologies. Advertisement   As part of the partnership, developers building with Midnight are eligible for $200K in credits via the Google for Startups Web 3 program. James Tromans, Senior Engineering Director at Google Cloud, disclosed that the partnership offers a rare first-hand chance for the Big Tech firm to understand Web 3 technologies. He stated that Google Cloud will bring its wealth of experience as part of the partnership, accentuating the fact that a large chunk of Web 3 attack vectors originate from Web 2. “With Midnight, we’re happy to collaborate by running protocol validators,” said Tromans. “Running validators teaches you the hard lessons about security, attack surfaces, and what it takes to operate a secure network.” ADA Price Surges Following Partnership The Google Cloud collaboration occurs amid the Midnight…
Share
BitcoinEthereumNews2025/10/04 03:11
Share
Goldman Sachs CEO warns of a possible 20% market correction driven by the AI-related speculative nature
Goldman Sachs CEO David Solomon warned of a possible 20% market correction driven by the AI-related speculative nature.
Share
Cryptopolitan2025/10/04 03:10
Share
REX-Osprey Files For ADA, HYPE, XLM, SUI ETFs as Crypto ETF Frenzy Heats Up
Read the full article at coingape.com.
Share
Coinstats2025/10/04 02:32
Share