Unrealized loss of $4.44 million; the largest short seller of Changxin Technology still holds a short position of $23.31 million

According to Odaily, on-chain data shows that a certain address is currently the largest short seller of Changxin Technology, holding a 1x leveraged short position of approximately 2.9 million Changxin Technology tokens, valued at around $23.31 million.

The average entry price for this address was $6.505, while the current mark price is approximately $8.036. Due to the rise in Changxin Technology's token price, the address is currently facing an unrealized loss of approximately $4.44 million, with a liquidation price of $16.04.