A Whale's Short Position on Canaan Inc. Futures Liquidated

BlockBeats News, July 15th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a whale liquidated its short position on Changxin Memory Technologies (CXMT) within 28 minutes in a high-speed manner, resulting in a $44,000 loss from a $220,000 position.

Earlier, it was reported that an address with over $75 million in assets was longing the market.

#Aunt Ai

Correction/Report

RelatedRecommended

A Decade of Running Together Yields Trillion-Yuan Return: Hefei ChangXin Emerges as the Biggest Winner of Growthstar's IPO

Five years ago, she went all in on Canaan Inc.

ChangXin IPO Feast: Who Is the Biggest Winner?

Changxin's Last Minute Auction Price Precision by TradeXYZ was Within 3%

An on-chain market launched 12 days early hit the spot price at the spot open.

Yushu Soars at Listing: Lei Jun and Wang Xing Make a Fortune, DJI Loses More Than $25 Billion

The Meituan ecosystem, Sequoia Capital, and institutions under the control of Liang Wengen have realized significant gains, while DJI missed out on substantial returns due to not completing an early investment.

On-Chain Activity