CXMT Price Surges Past $8 as Whale Longs Gain $2.46M

CXMT trades above $8 on day five; whale 0x9a80 holds $13.27M long with $2.46M profit, while 0xf292 faces $4.67M loss on $23.54M short.

Woofun AI data shows that CXMT has surpassed the $8 price level on its fifth trading day, with long positions currently dominating market sentiment. On-chain records indicate that whale address 0xf292 maintains a short position of 2.9 million CXMT, valued at approximately $23.54 million, resulting in an unrealized loss of $4.67 million and funding fee payments of $1.42 million.

Conversely, whale address 0x9a80 holds a long position of 1.63 million CXMT, worth around $13.27 million. This position has generated an unrealized gain of $2.46 million and earned approximately $823,000 in funding fee rewards.