A whale investor has taken a significant long position on CXMT, leveraging $75.4 million in assets. The investor opened a 5x long position on 20,000 CXMT tokens, valued at $164,000, at a price of $6 per token. This strategic move has already yielded a profit of $44,000.
In addition to the initial position, the investor has placed limit orders to expand their CXMT holdings, targeting a price range between $5.8 and $7.2. This activity indicates a strong bullish sentiment towards CXMT, as the investor seeks to capitalize on potential price movements within this range.
Whale Investor Takes $75.4M Long Position on CXMT, Gains $44K
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