I think they've almost certainly seen it written out, just not as an acronym. I figured out what it stood for based on context and knowing the full phrase, but I don't recall actually seeing the LPE acronym in recent memory. Whereas with CVE it's the opposite: I almost never see it written out, and even now find it non-obvious what the E stands for, bizarrely enough.
Sure, nobody’s saying it’s an inscrutable mystery but if your goal is to inform a wide audience it’s considered good form to expand all but the most common acronyms. It’ll even get you more internet points than petty smugness.