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One platform for global traditional assets
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$XPL Why did it surge and then plummet again? What exactly happened? Early this morning, XPL once surged by 42%, reaching a high of $0.167, showing a very strong trend. However, shortly after, the price dropped over 40% within 5 minutes, wiping out the morning gains and causing a sudden reversal in the market. According to on-chain data, this wave of price movement was orchestrated by a coordinated effort of five new addresses.