$CXMT just pushed above $9, and one whale is getting absolutely crushed on the short😬.
Trader 0xf292 is short 2.9M #CXMT , worth around $26.08M.
The position is now down more than $11M in total: $7.21M unrealized loss$3.82M in funding fees. He entered around $6.505, so the move above $9 has put serious pressure on the position. Liquidation: $15.051
Address: 0xf2925cb0779a741fe33037cbd88fca5382e41244
That’s a brutal amount to be underwater while still holding the short.
Trader 0xf292 is short 2.9M #CXMT , worth around $26.08M.
The position is now down more than $11M in total: $7.21M unrealized loss$3.82M in funding fees. He entered around $6.505, so the move above $9 has put serious pressure on the position. Liquidation: $15.051
Address: 0xf2925cb0779a741fe33037cbd88fca5382e41244
That’s a brutal amount to be underwater while still holding the short.