The position size reaches $10.4 million, with Changxin Storage's largest long position increasing on the dip.
According to Odaily, Hyperinsight monitoring shows that the giant whale address starting with 0x9a8 continued to increase its holdings in Changxin Storage this morning. In approximately one and a half hours, it bought 112,000 units through 222 transactions, with a transaction amount of about $721,000 and a weighted average purchase price of $6.44.
This address is currently holding a 5x isolated long position of 1.5722 million CXMT, with a position value of approximately $10.408 million and an average holding price of $6.6168. CXMT is currently quoted at $6.6203, keeping the position roughly at break-even, with a liquidation price of $0.7374.
In addition to the completed transactions, this address still has 8 additional long orders in the range of $5.89 to $6.28, planning to buy another 120,000 units with a pending order value of about $730,000. Since first opening a long position on July 15, this whale has accumulated 1.5722 million units, without any reduction in position during this period.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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