Because hardly anyone was buying at 100k+ except for a few latecomer retards like that one guy who was asking if he shpild spend his six figure bonus on SOL at $200+ and wouldn't listen to the more experienced traders who warned him.
Like 90%+ of xoxo has no "losses" to talk about because we all bought at much lower prices. We could have another 50% drop from current prices and I'm still well into the green.