Changxin Technology surpasses $8, short-selling whales lose $4.67 million, and long whales gain $2.46 million

According to Odaily, monitoring by Lookonchain shows that Changxin Technology has entered its 5th trading day, with the price rising above $8. At present, the bulls are dominant in the ongoing struggle between long and short positions. A certain whale has shorted 2.9 million Changxin Technology tokens, valued at $23.54 million, currently facing a loss of $4.67 million and paying $1.42 million in funding fees; another whale has gone long on 1.63 million Changxin Technology tokens, valued at $13.27 million, currently making a profit of $2.46 million and earning $823,000 in funding fees.