HuoXing Finance reports that, on July 30, according to EmberCN monitoring, as the storage sector surged in a sharp rebound tonight, the largest on-chain CXMT (ChangXin Memory) short position continued to add to its shorts. The trader opened the short position one day before ChangXin’s IPO and has added to it multiple times, currently holding CXMT short positions worth $22.26 million, with an unrealized loss of $4.06 million.
Longest Chain Longxin Short Position Adds $22.26M in Shorts Amid Storage Sector Rally
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Summary
On-chain data shows that the largest on-chain short position for CXMT (Longxin Storage) added $22.26 million in shorts on July 30, 2026, during a rally in the storage sector. The position was opened one day before Longxin’s IPO and has been repeatedly increased. On-chain analysis reveals a floating loss of $4.06 million on the current short exposure.
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