A whale address starting with 0x9a8 added to its CXMT long again on July 28, according to monitoring data from Hyperinsight. The address bought 112,000 CXMT over roughly an hour and a half through 222 trades, with total turnover of about $721,000 and a weighted average entry price of $6.44.
The wallet now holds a 5x isolated-margin long of 1.5722 million CXMT, valued at about $10.408 million. Its average position price stands at $6.6168. With CXMT quoted at $6.6203, the position is close to break-even, while the liquidation price is listed at $0.7374.
Hyperinsight also showed that, beyond the filled purchases, the address still has eight buy orders placed between $5.89 and $6.28, targeting another 120,000 CXMT worth about $730,000. Since first opening the long on July 15, the whale has accumulated 1.5722 million CXMT in total and has not reduced the position at any point during that period.
A whale address beginning with 0x9a8 kept adding to its CXMT long on the morning of July 28, according to monitoring data from Hyperinsight.
The address bought 112,000 CXMT over roughly an hour and a half through 222 trades. The purchases totaled about $721,000, with a weighted average buy price of $6.44.
After the latest buys, the wallet is holding a 5x isolated-margin long on 1.5722 million CXMT. The position is valued at about $10.408 million, and the average entry price for the full holding is $6.6168.
CXMT was quoted at $6.6203 at the time of the update, leaving the position near break-even. The liquidation price was listed at $0.7374.
In addition to the orders that have already been filled, the address still has eight buy orders resting between $5.89 and $6.28. Those orders target another 120,000 CXMT, with a total order value of about $730,000.
Hyperinsight data showed the whale first opened the long on July 15 and has since accumulated 1.5722 million CXMT in total, without any position reduction during that period.
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