On-chain data cited by Odaily shows that one address currently holds the largest short position in Changxin Technology. The wallet is running a 1x leveraged short with a position of about 2.9 million Changxin Technology tokens, valued at roughly $23.31 million. The address entered the trade at an average price of $6.505, while the current mark price stands near $8.036. With the token trading higher, the position is now sitting on an unrealized loss of about $4.44 million. Data also shows the liquidation price at $16.04. The report did not identify the owner of the address, but described it as the market’s biggest known Changxin Technology short based on on-chain records.
Odaily reported, citing on-chain data, that one address is currently the largest short in Changxin Technology, holding a 1x leveraged short position.
The position totals about 2.9 million Changxin Technology tokens and is valued at roughly $23.31 million. The address opened the trade at an average price of $6.505, while the current mark price is around $8.036. As Changxin Technology has moved higher, the position is now carrying an unrealized loss of about $4.44 million. Its liquidation price is listed at $16.04.
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