🦈 MASSIVE $25M SHORT POSITION ON $CXMT BLEEDING $460K DAILY IN FUNDING! 💣
On-chain metrics reveal a massive whale short on $CXMT trapped in a brutal margin squeeze. 🦈 With nearly $10 million in unrealized losses and $3.96 million already burned on interest, time is running dangerously thin for this position. 📉
Even if price stays completely flat, daily funding payments of $460,000 will exhaust their $20 million margin pool within 45 days. ⚡ A push toward the $15.466 liquidation level could spark an explosive cascade of forced buying. 🌊
🤔 Will the market force a massive short squeeze trigger, or can the bear hold out against the bleed? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CXMT #ShortSqueeze #OnChain #Crypto #Liquidation
🔥 🦈
On-chain metrics reveal a massive whale short on $CXMT trapped in a brutal margin squeeze. 🦈 With nearly $10 million in unrealized losses and $3.96 million already burned on interest, time is running dangerously thin for this position. 📉
Even if price stays completely flat, daily funding payments of $460,000 will exhaust their $20 million margin pool within 45 days. ⚡ A push toward the $15.466 liquidation level could spark an explosive cascade of forced buying. 🌊
🤔 Will the market force a massive short squeeze trigger, or can the bear hold out against the bleed? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CXMT #ShortSqueeze #OnChain #Crypto #Liquidation
🔥 🦈