$XPL this is the definition of slow efficient twap selling. There are no bounces, no end in sight. I ended up taking a L on perps but still hold spot and will look to fire another bullet soon around the $1 mark.
I will say that catching knives like this can be dangerous. It doesn't matter how good the project fundamentals / narratives are; it's all about who the buyers and sellers are. Whoever has the supply and momentum has the control and it's clear all the presalers are dumping big. A bit dumb of me to knife catch but is what it is.
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