CXMT Top Short Seller Faces $2.255M Loss on $21.12M Position

Leading CXMT short address incurs $2.255M unrealized loss on $21.12M position, having paid $3.078M in funding fees with $40M margin backing.

Woofun AI data shows that the leading short seller of CXMT, an address linked to Changxin, maintains a 1x short position valued at $21.12 million. The position was established at an entry price of $6.5, while the current market price stands at $7.28, generating an unrealized loss of $2.255 million. The entity has already disbursed $3.078 million in funding fees and secures the position with over $40 million in margin, setting a liquidation threshold at $15.466.