$CXMT It’s only been a week—can the bears really hold out? Are the bulls all going after that short position worth over $30 million opened at $6.5? With liquidity this poor, if that short position worth over $30 million is closed or liquidated, how high would it drive the price? Then cascading liquidations—a short squeeze. When one whale falls, everything else thrives.

CXMT6.04%

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ArbitrageFox:

Honestly, if bears dare to place $30 million in short orders at 6.5, they must have a backup plan—either hedging or spot hedging, not necessarily a pure naked short. But that’s how market sentiment works: everyone is waiting for liquidations, which may actually trigger them. When the whale falls, all things thrive? It could also be a bull trap. Be aware of the risks.

GateUser-68af2fbe

9h ago

$CXMT U.S. storage stocks are rallying, so why are you quietly dropping? Caught again—don’t think no one is watching. Exposed and humiliated.

CXMT6.04%

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FloorPeeper:

It’s perfectly normal for A-shares not to follow U.S. stocks, but the fact that you’re still drifting lower at this level does make people suspect that some funds are quietly selling into the U.S. stock rally. Don’t blame everyone for keeping an eye on it—explain the logic clearly first, then talk about confidence.

GateUser-68af2fbe

08-11 01:08

$CXMT The key is still the upward trend of the underlying stock; even at a discount, it will rise along with it. A large Apple order is under negotiation, and earnings exceeded expectations, so it will inevitably rise. This is what sets it apart from other cryptocurrencies based purely on speculation.

CXMT6.04%

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SharpeRatio:

If Apple’s big order is confirmed and earnings beat expectations again, this discount is a chance to get in—unless the trend fails to emerge and wears us out first.

GateUser-68af2fbe

08-10 15:48

$CXMT U.S. storage stocks are rebounding—why are you deliberately falling?

CXMT6.04%

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MA_Weaver:

Why look for excuses when funds are exiting? The rebound is simply an opportunity for trapped holders to get out.

GateUser-68af2fbe

08-10 08:29

$CXMT As long as the underlying stock market is closed, even during that brief midday period, keep suppressing the price and make it fall. Let’s see whether you can fight the trend. Funding fees will punish the market makers suppressing the price.

CXMT6.04%

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RateSlacker:

Market makers don’t even take a break at noon, keeping an eye on those funding fees—they’re really going all out. But retail traders aren’t so easily scared.

GateUser-68af2fbe

08-09 21:25

$CXMT ChangXin Memory Technologies’ underlying stock is up 10%—can this token contract that claims to track it rise 1%? Maximum sarcasm.

CXMT6.04%

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GateUser-e0685dc1:

Although it fell today, the futures price and the underlying stock price are no longer far apart—one is 49 and the other is 50.

GateUser-68af2fbe

08-07 14:29

$CXMT Once it drops, it won’t be able to recover even if the sector rebounds. Amazing.

CXMT6.04%

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GateUser-e0685dc1:

With no underlying stock price guidance over the weekend, this is the best time for shorts to take profit. Seize it—shorts won’t be as profitable on Monday.

GateUser-68af2fbe

08-07 00:24

$CXMT Can an expert explain why the funding rate returned to normal after the drop?

CXMT6.04%

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10UWarriorThreeTimes:

It’s likely that many short positions took profits or broke even after the drop, and then closed.

GateUser-68af2fbe

08-06 21:23

$CXMT Too fake, I’m done playing.

CXMT6.04%

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GateUser-68af2fbe

08-06 10:35

$CXMT You want its funding fee; it wants your principal.

CXMT6.04%

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GateUser-68af2fbe

08-05 13:16

$CXMT Finally dropped, satisfied?

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GateUser-e0685dc1:

The crash mode is about to begin.

GateUser-68af2fbe

08-05 06:09

$CXMT Only follows declines, not rises; when short, it collects funding fees.

CXMT6.04%

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GateUser-68af2fbe

08-05 05:31

$CXMT Why has the stock price returned to its 9:30 opening level while the contract price is so much lower? The exchange’s peg mechanism is essentially nonexistent—how is this any different from an altcoin?

CXMT6.04%

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GateUser-68af2fbe

08-05 04:30

$CXMT The underlying stock closed at noon—why did you have to drop?

CXMT6.04%

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GateUser-e2112a4f:

Isn’t this normal? Why don’t you look at how this thing keeps pumping on weekends? What’s disgusting is the QR-code payment fees.

GateUser-68af2fbe

08-05 03:23

$CXMT Has everyone noticed? Once it drops, even if the underlying stock price recovers and continues rising, the contract price still struggles to recover.

CXMT6.04%

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GateUser-68af2fbe

08-05 02:25

$CXMT Longs follow the downside but not the upside, while shorts rake in funding fees—no one gets off easy.

CXMT6.04%

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GateUser-68af2fbe

08-05 02:01

$CXMT It follows the drops but not the rises every day; shorts also collect funding fees, so no one wants to go long or short anymore.

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GateUser-a63c7c73:

Last time at 54, it was 7.3u; now it’s 7.6 at 52. This only goes up, never down, right?

GateUser-68af2fbe

08-04 21:02

$CXMT U.S. storage stocks and South Korea’s SK hynix have risen so much, yet ChangXin is still suppressing prices here—then charge those funding fees aggressively.

CXMT6.04%

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GateUser-68af2fbe

08-04 03:13

$CXMT Why do they fall with it but don’t rise with it? The price difference from the underlying stock is huge—what exactly are the exchanges doing? If they don’t have the ability, they shouldn’t be dealing in stock tokens.

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GateUser-b7641ca7:

Weren’t the self-funded long positions before listing already all liquidated?

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