Trader Eugene Ng Ah Sio has announced the sale of his XPL token holdings, citing the token's prolonged price dip below $1 as the primary reason. Ng Ah Sio expressed disinterest in becoming a long-term holder, or "community member," of XPL. He indicated a potential interest in repurchasing the token if a natural price bottom is established. Previously, on October 1, Ng Ah Sio had expressed optimism about XPL, attributing his initial investment to the stablecoin narrative and the belief that the price drop was temporary. However, the continued low price led to his decision to exit the position.