Bullish

CXMT Whale Position Surges to $10.4M as Largest Long Adds 112k Units

2026-07-28 17:12:08

A major whale expanded its CXMT isolated long to $10.4M, adding 112k units at $6.44 avg price. The position remains near breakeven with $730k in pending buy orders.

Woofun AI reports that a whale address beginning with 0x9a8 increased its CXMT holdings early this morning. Over 90 minutes, the entity executed 222 trades to acquire 112,000 units for approximately $721,000, establishing a weighted average entry of $6.44.

The address now maintains a 5x isolated long position totaling 1,572,200 CXMT, valued at roughly $10.408 million with an average entry price of $6.6168. With CXMT trading at $6.6203, the position sits near breakeven, while the liquidation price stands at $0.7374.

Additionally, eight pending buy orders worth about $730,000 remain active, targeting another 120,000 units between $5.89 and $6.28. Since initiating the long on July 15, the whale has accumulated the full 1,572,200 units without reducing exposure.

WOOFUN AI

Impact Assessment · Quick Read

This accumulation signals strong conviction from a major holder despite market dips, as the whale has consistently added to its position since mid-July. The presence of significant pending buy orders suggests further downside support levels around $5.89-$6.28. Such large-scale, unhedged long exposure could influence short-term liquidity dynamics if the price approaches these entry zones.
Generated by WOOFUN AI · For reference only, not investment advice

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