Going Against the Tide: A 137-Day Journey
In October 2025, amid a bearish market, one XPL bull (address 0xf47) took a bold stand. As prices fell and sentiment turned negative, he opened a 5x leveraged long position, betting on a potential rebound in XPL's value.
Unfortunately, the market continued to decline. Instead of cutting his losses, he doubled down, injecting a total of $6.7 million into his position over 137 days to keep his trade alive.
- Entry Date: October 11, 2025
- Average Entry Price: $0.724
- Current Average Price: $0.176
- Total Unrealized Loss: $3.46 million (507% loss)
All-In With No New Positions
Throughout this long bear market, he has not opened any new trades. Every dollar, every asset, has been funneled into this single position. Even though the unrealized loss now exceeds his initial investment, he remains committed, waiting for the market to turn.
From autumn to spring, the price of XPL has yet to rebound, but his resolve has not wavered. This is more than a trade—it's a test of patience and conviction in the face of adversity.