CryptoJie News: Whale address 0xf29 has just deposited $5 million worth of USDC and placed a TWAP order to open a 1x leveraged CXMT short position; the position is currently increasing.

CXMT-8.93%
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FloorFerryman
· 6h ago
1x leverage is actually pretty conservative—it might just be hedging?
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RiskSentry
· 6h ago
The TWAP order-splitting explanation is that they don’t want to alert the market—old and crafty.
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AuditNightOwl
· 6h ago
Going short with $5 million USDC—this is quite a big move.
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TxDiary
· 6h ago
The whales started going short. Is this CXMT move about to cause trouble?
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