This insulation has soaked up a lot of moisture from the crawlspace air. It is essentially ruined and won't provide warm floors anymore. The only thing that messy and wet insulation like this is good for is breeding mold and holding moisture in the crawlspace. It would be like trying to use a wet sponge to dry up a spill, it can't hold any more water. All the moisture creates a humid environment, which is the last thing you want under your home.
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