CXMT: Whale Pays $3.4M Funding Fees on Short
CXMT whale 0xf292 pays $3.4M in funding fees on 2.9M short position worth $22.57M, averaging $170K daily with $4.3M unrealized loss.
SourceAnalysis
Whale 0xf292 has paid more than $3.4M in funding fees on a 1x short of 2.9M $CXMT valued at $22.57M, averaging $170K daily while sitting down $4.3M with liquidation at $15.8, reshaping CXMT price prediction scenarios and highlighting risks in crypto market crash environments plus AI industry impact on leveraged positions.
Lookonchain
@lookonchainLooking for smartmoney onchain