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Lookonchain: Two whales engaged in a $CXMT long/short battle, with one whale shorting $20M and down $1.9M, while another is long $11.66M and up $853K.
On-chain analytics firm Lookonchain reported that two major whales are currently engaged in a significant long/short battle over the $CXMT token. Whale 0xf292 has taken a short position of 2.8 million $CXMT, valued at $20 million, and is currently down $1.9 million, having paid $1.04 million in funding fees. Conversely, whale 0x9a80 holds a long position of 1.63 million $CXMT, valued at $11.66 million, and is currently up $853,000, having earned $606,000 in funding fees.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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