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A whale is shorting Changxin Technology (CXMT) with 40x leverage, planning to close the position when the price drops to 13-30 yuan.

2026-07-27 00:28

According to monitoring by Onchain Lens, a whale has been shorting Changxin Technology (CXMT) since yesterday, with the current short position size reaching approximately $18 million, at an average opening price of around $6.4 (approximately 43 yuan).

The address has previously set limit orders to close this short position, with a price range of $2 to $4.5 (approximately 13 to 30 yuan). The pre-market price of CXMT once rose to $7, resulting in an unrealized loss of approximately $1.4 million for this whale.