CXMT: Top Short Seller Starts $17M TWAP Close
CXMT short trader exits after $11.4M peak loss and $5.24M funding fees over two months with 2M token TWAP buy order.
SourceAnalysis
CXMT largest short seller has begun exiting a position opened at $6.5 and pushed to $9.16, after two months of holding costs that included $5.24 million in funding fees and a peak unrealized loss of $11.4 million; the trader launched a 2 million $CXMT TWAP buy worth roughly $17 million to cover most exposure. This move arrives as analysts update CXMT price prediction models while watching for any crypto market crash spillover and measuring AI industry impact on related token flows.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references