🚨 $CXMT WHALE CAPITULATES ON SHORT POSITION AFTER $10.8M LOSS AND FUNDING BLEED! 🦈
Order flow dynamics rarely deliver a lesson this clear. A massive position shorting 2.9 million shares of $CXMT near $6.50 back in July got completely trapped by sustained upside momentum and brutal negative carry. 📊
With funding fees alone draining $5.24 million over two months, the short thesis has officially broken down. 🔍 The address is now executing a 2 million share buyback via TWAP, adding systematic spot demand straight into the order book. 🌊
When trapped liquidity is forced to exit into strength, momentum frequently expands. 💬 Will this algorithm-driven buyback propel $CXMT higher, or will market makers absorb the TWAP flow? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CXMT #WhaleAlert #ShortSqueeze #OrderFlow #Crypto
🎯 🦈
Order flow dynamics rarely deliver a lesson this clear. A massive position shorting 2.9 million shares of $CXMT near $6.50 back in July got completely trapped by sustained upside momentum and brutal negative carry. 📊
With funding fees alone draining $5.24 million over two months, the short thesis has officially broken down. 🔍 The address is now executing a 2 million share buyback via TWAP, adding systematic spot demand straight into the order book. 🌊
When trapped liquidity is forced to exit into strength, momentum frequently expands. 💬 Will this algorithm-driven buyback propel $CXMT higher, or will market makers absorb the TWAP flow? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #CXMT #WhaleAlert #ShortSqueeze #OrderFlow #Crypto
🎯 🦈