BlockBeats reported on July 27 that on-chain analyst Ai Yi (@ai_9684xtpa) has identified what was described as the largest short position on-chain in CXMT, a token tied to Changxin Technology. The address is currently holding a short position of 2.6 million CXMT, with the position valued at about $19.85 million. According to the monitoring data cited in the report, the average entry price for the short was $6.4083. The position is now showing an unrealized loss of $3.062 million. No additional details about the wallet or trading venue were disclosed in the brief update.
BlockBeats reported on July 27, citing on-chain analyst Ai Yi (@ai_9684xtpa), that the address described as the largest on-chain short in Changxin Technology’s CXMT is currently holding a short position of 2.6 million CXMT, worth about $19.85 million.
The position was opened at an average price of $6.4083 and is now sitting on an unrealized loss of $3.062 million, according to the monitoring data.
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.
