Changxin Memory Surpasses 50 Yuan as Whale Faces $3M Short Loss

Changxin Memory stock exceeds 50 yuan threshold, triggering a $3 million floating loss for a major short-position whale, highlighting significant downside risk for bearish traders.

Woofun AI reports that Changxin Memory’s share price has climbed above the 50 yuan mark. This upward movement has resulted in a $3 million unrealized loss for a specific whale holding short positions in the stock.