Changxin Technology Surges 12.7% on the Third Day of Listing, as the Most Resolute Early Bull Continues to Hold Buy Position

BlockBeats News, July 29, on the third trading day after its IPO, Changxin Technology closed up 12.66% at 52.95 yuan, up 5.95 yuan from the previous trading day's closing price of 47 yuan. The intraday stock price hit a low of 46.26 yuan and a high of 53.99 yuan, with the largest rebound from the intraday low reaching 16.71%. Changxin Technology closed at 49 yuan on its first day of trading, and the current stock price has risen by approximately 8.1% from the first day's closing price.

According to Hyperinsight monitoring, as of the time of publication, CXMT on Hyperliquid is reported at $7.139. The whale with an address starting with 0x9a8, previously tracked, currently holds a 5x leveraged long position on CXMT, with a position value of approximately $11.653 million, an entry price of $6.615, an unrealized profit of around $0.848 million, a return rate of about 39.3%, and a liquidation price of around $0.756.

This whale started longing on July 15 at 9:46 AM, the first day CXMT contracts were launched. It initially bought around $1.608 million on the first day, consistently increased its position thereafter, with no records of any sells, including:

On July 27, the day Changxin Technology went public, it added approximately $2.353 million to its position, marking the largest single-day increase since its position was opened; on July 28, it continued to add about $0.993 million; and before the A-share market opened today, it added approximately $0.130 million.

Currently, the whale still has 7 CXMT buy orders ranging from $6.01 to $6.41, with a total entrustment amount of around $0.609 million and no sell orders. After the significant rise on the third day of Changxin Technology's listing, the address continues to maintain a low-level acquisition plan.

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