Odaily reported that on-chain analyst Ember said in a post on X that ChangXin Memory Technologies, or CXMT, had risen above 50 yuan. Following that move, a whale holding a short position in the stock was sitting on an unrealized loss of $3 million. The update only cited Ember’s post and did not disclose further details about the position, including its size, entry level, or the identity of the trader. The report was categorized under whale activity.
Odaily reported that on-chain analyst Ember said in a post on X that ChangXin Memory Technologies rose above 50 yuan, leaving a whale’s short position with an unrealized loss of $3 million.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
