$On-chain ChangXin (CXMT) largest short address has already been positioned for shorting
Paid $3.96 million in funding fees; currently holds 24.77 million USD
$CXMT
worth of short positions. Estimated daily funding fee payments are $460,000, bringing
cumulative unrealized losses to nearly $10 million. According to BlockBeats on-chain
investigator reports: if ChangXin’s stock price continues to trade sideways and the funding fee
rate remains unchanged, its over $20 million in margin will be depleted in about 45.5
days, with its liquidation price at $15.466. Rest assured to go long
Paid $3.96 million in funding fees; currently holds 24.77 million USD
$CXMT
worth of short positions. Estimated daily funding fee payments are $460,000, bringing
cumulative unrealized losses to nearly $10 million. According to BlockBeats on-chain
investigator reports: if ChangXin’s stock price continues to trade sideways and the funding fee
rate remains unchanged, its over $20 million in margin will be depleted in about 45.5
days, with its liquidation price at $15.466. Rest assured to go long