CXMT's largest long position has been further increased on dips, with the total reaching $10.4 million.
BlockBeats News, July 28, according to Hyperinsight monitoring, the whale with address starting with 0x9a8 continued to increase its position in CXMT this morning. In about an hour and a half, it bought 11,200 tokens through 222 trades, with a transaction value of approximately $721,000 and a weighted average buy price of $6.44.
The address currently holds a 5x leveraged long position of 1,572,200 CXMT tokens, with a position value of around $10,408,000, and an average entry price of $6.6168. CXMT is currently trading at $6.6203, with the position essentially at breakeven, and the liquidation price is $0.7374.
In addition to the already executed trades, the address still has 8 open buy orders between $5.89 and $6.28, planning to buy an additional 120,000 tokens, with a total order value of around $730,000. Since the whale first went long on July 15, it has accumulated a total of 1,572,200 tokens without any reduction in position.
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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