🐻 $CXMT WHALE UNLOADS 1.4M TOKENS — 98 SELL ORDERS ACTIVE! 💣
📌 The largest seller on Hyperliquid, address 0xdb0, is dumping 1.425M CXMT across a price range of $7.32 to $23, with a nominal value of ~$25M. 🦈 Meanwhile, another whale (0xf29) holds a massive 2.6M short at $6.4083 average — now underwater by $1.64M, with a liquidation price at $16.9.
🔴 That first address already has 2,462 short positions, and as sell orders execute, short exposure grows. The second whale has placed 300 "take profit" buy orders between $2 and $4.5 to cover all 2.6M shorts. That range becomes a key demand zone if CXMT tumbles further. 💡
💬 Do you think CXMT can break below $4.5 and trigger that whale's full exit plan, or will buyers step in before? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CXMT #ShortSetup #WhaleAlert #Crypto #OnChain
🐻 💣
📌 The largest seller on Hyperliquid, address 0xdb0, is dumping 1.425M CXMT across a price range of $7.32 to $23, with a nominal value of ~$25M. 🦈 Meanwhile, another whale (0xf29) holds a massive 2.6M short at $6.4083 average — now underwater by $1.64M, with a liquidation price at $16.9.
🔴 That first address already has 2,462 short positions, and as sell orders execute, short exposure grows. The second whale has placed 300 "take profit" buy orders between $2 and $4.5 to cover all 2.6M shorts. That range becomes a key demand zone if CXMT tumbles further. 💡
💬 Do you think CXMT can break below $4.5 and trigger that whale's full exit plan, or will buyers step in before? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CXMT #ShortSetup #WhaleAlert #Crypto #OnChain
🐻 💣