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Whale Opens $18M Short on Changxin Technology at $6.4, Targets $2-4.5 Exit

2026-07-27 00:31:02

CXMT21.46%

According to Odaily (monitored by Ember), a whale has been shorting Changxin Technology (CXMT) since yesterday with a position size of approximately $18 million opened at an average price of $6.4. The address has set take-profit orders in the $2-4.5 price range. As CXMT surged to $7 before market open, the whale is currently down roughly $1.4 million on the position.

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Comment

0/400

KangChenStudiesHard.

· 3h ago

It should first pump a wave right at the open, and then dump it later.

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