BlockBeats message, on August 18, according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, the largest short address of on-chain Changxin (CXMT) has already paid 3.96 million USD in funding fees for shorting, with the current short position holding 24.77 million USD. Estimated daily funding fee payments are 0.46 million USD, and the cumulative unrealized loss is already close to 10 million USD.
If Changxin’s share price remains range-bound and the funding rate stays unchanged, its over 20 million USD in margin would be consumed in about 45.5 days. Its liquidation price is 15.466 USD.
If Changxin’s share price remains range-bound and the funding rate stays unchanged, its over 20 million USD in margin would be consumed in about 45.5 days. Its liquidation price is 15.466 USD.