ME News reports that, as of July 31 (UTC+8), according to Lookonchain monitoring, CXMT has entered its fifth trading day since listing, with its price surpassing $8, and bullish sentiment currently holding an advantage in the short-term market dynamics. On-chain data shows that the whale address 0xf292 is currently shorting 2.9 million CXMT tokens, valued at approximately $23.54 million, with an unrealized loss of about $4.67 million and has paid around $1.42 million in funding fees. Meanwhile, another whale address, 0x9a80, holds a long position of 1.63 million CXMT tokens, valued at approximately $13.27 million, with an unrealized profit of about $2.46 million and has earned approximately $823,000 in funding fees. (Source: BlockBeats)
CXMT price exceeds $8 on its fifth trading day, with whale positions showing sharp divergence.
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Summary
On July 31 (UTC+8), the CXMT price rose above $8, marking its fifth trading day since listing. On-chain trading signals show a sharp divergence in whale activity. Whale address 0xf292 holds a short position of 2.9 million CXMT, valued at $23.54 million, with a floating loss of $4.67 million and $1.42 million in funding fees. Whale address 0x9a80 holds a long position of 1.63 million CXMT, valued at $13.27 million, with a floating profit of $2.46 million and $823,000 in funding fees.
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