Odaily reported that after Changxin Storage went public, one address placed 98 sell orders in the market, with prices ranging from $7.32 to $23. In total, the address put up 1.425 million units for sale, representing a notional value of about $24.982 million. The same address is also currently holding 2,462.5 units of short positions in Changxin Storage. If those sell orders are gradually filled, its short exposure will increase further. The report focuses on the scale and structure of the orders now sitting on the book after the listing, highlighting both the size of the sell-side supply and the existing short position tied to the same address. No additional background or trading outcome was disclosed in the source report.
According to Odaily, after Changxin Storage was listed, one address placed 98 sell orders for Changxin Storage, with prices ranging from $7.32 to $23.
The orders total 1.425 million units, with a notional value of about $24.982 million.
The address is also currently holding 2,462.5 units of short positions in Changxin Storage. If those sell orders are filled over time, its short exposure will increase further.
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.
