ChainCatcher reported, citing on-chain analyst Ember, that the largest short seller who opened a position one day before ChangXin Storage’s listing has fully closed the trade 10 hours ago. The address entered the short at $6.5 and exited at $8.5 after holding the position for two months. The total loss came to $10.98 million. Of that amount, $5.18 million was attributed to funding fees, while $5.8 million came from price movement. No further details about the address were provided in the report.
According to ChainCatcher, on-chain analyst Ember said the largest short seller who opened a position one day before ChangXin Storage’s listing fully closed the trade 10 hours ago.
The address opened the short at $6.5 and closed it at $8.5 after holding the position for two months, posting a total loss of $10.98 million. The loss included $5.18 million in funding fees and $5.8 million from price movement.
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