CXMT Whale added 50,800 units to the short position, with a position size of approximately 3369000 USD
BIBIBI
AT A GLANCE
The post stated that an address added 50,800 units to its CXMT short position, with a current position size of approximately 3368700 USD。
Article
🐘 【Whale Shorting at the Top】CXMT Increased the short position!
💵 Asset:CXMT Added to short position by 50,800.00 units, equivalent to approximately 321,214.18 USD✦ Position size: 3,368,662.30 USD✦ Average price: 7.19 USD → 7.13 USD✦ Current P&L: +260,496.79 USD (+20.65%)
✦ Current price: 6.62 USD✦ Liquidation price: 8.67 USD📌 Address: 0x4c78a97cef589b01bb91dbf893fffa14243d2444🔥 Note: Prefers to short various assets near their tops; currently the largest short seller of SK hynix, and remains in an overall loss position, with monthly losses of SK 6000000 USD。 🔥
Key points
01
The post stated that CXMT the short position was increased by 50,800.00 units, equivalent to approximately 321,214.18 USD。
02
The position size listed in the post was 3,368,662.30 USD。
03
The post stated that the average position price fell from 7.19 USD to 7.13 USD。
04
The post listed current profit/loss as +260,496.79 USD (+20.65%).
05
The current price listed in the post was 6.62 USD, and the liquidation price was 8.67 USD。
06
The address provided in the post was 0x4c78a97cef589b01bb91dbf893fffa14243d2444。
07
The post stated that this address was SK the largest short seller of SK hynix, remained in an overall loss position, and had monthly losses of 6000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
“Added to a short position” means that the address described in the post increased a position betting on CXMT prices falling; “rolling the position” in the title describes a position adjustment. The post shows that this position is currently profitable, while also stating that the address remains in an overall loss position.
Why it matters to readers
This is a large short-position update for a specific address. It may be used to observe whether the address subsequently adds to or reduces its position or approaches the liquidation price; however, the position of a single address cannot directly establish the overall market direction.
Beginners should distinguish between “this CXMT position is currently profitable” and “the address remains in an overall loss position,” and monitor changes between the current price 6.62 USD and the liquidation price 8.67 USD.
Risks and unknowns
The information comes from a Telegram post and is not accompanied by independently verifiable on-chain transaction records.
The identity of the address holder cannot be confirmed from the original text alone.
“SK“the largest short seller of SK hynix” and “monthly losses of 6000000 USD” are not defined in terms of their scope or calculation method.
The original text does not specify CXMT the specific contract, the platform position page, or the data update time.
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Related concepts
Short Position
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