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During a brief surge in the Chia price, a whale's $1.8 million short position was liquidated, resulting in a $249,000 loss.

Jul 27, 08:51

July 27th, according to LookIntoChain monitoring, due to the sudden surge in the price of CXMT contract, briefly surpassing $7, trader 0x517b's short position of 272,505 CXMT (worth $1.8 million) was fully liquidated, resulting in a loss of $249,000.