A certain CXMT short-selling whale has paid over $2.04 million in funding fees, with a unrealized loss of $4.3 million in position.

BlockBeats News, August 4th, according to LookIntoChain's monitoring, the CXMT short whale address 0xf292 has currently paid over $2.04 million in funding fees. With the continuous rise in CXMT's price, the whale's short position is currently at a floating loss of approximately $4.3 million, with a liquidation price of $15.8.

Market data shows that this address has been consistently shorting CXMT, but has been incurring funding costs as the price rises, and is currently facing significant position pressure.