CXMT Surpasses $8 on Fifth Day of Trading, Clear Divergence in Long and Short Whale Holdings

July 31st, according to LookIntoChain's monitoring, CXMT's listing has entered the fifth trading day, and the price has surpassed $8. Currently, the bull camp has temporarily taken the upper hand in the long-short game.

On-chain data shows that the whale address 0xf292 is currently shorting 2.9 million CXMT, worth approximately $23.54 million, with an unrealized loss of about $4.67 million. At the same time, they have already paid approximately $1.42 million in funding fees.

Another whale address, 0x9a80, holds a long position of 1.63 million CXMT, worth around $13.27 million. Currently, they have an unrealized gain of about $2.46 million and have earned approximately $823,000 in funding fee rewards.