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On the eve of Canaan's IPO, there was a significant difference in long and short positions, with the largest holding being a low-leverage short position, while a whale continued to add to its long position.

BlockBeats News, July 26: Changxin Technology will officially land on the China Science and Technology Innovation Board tomorrow. The stock's contract price on trade.xyz is currently trading at $6.3588, with an annualized funding rate of 6.2%, tending towards neutrality.


According to HyperInsight monitoring, the largest position of Changxin Technology stock contract is currently held with a value of $14.68 million in a 1x short position. The second and third largest addresses by open interest are both long positions on Changxin, with holdings of $6.96 million and $5.04 million, respectively. The second-largest address has been consistently increasing its long position today, with the last transaction occurring 3 hours ago.

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