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[CXMT Surpasses $8 Within Five Days of Launch, a Short Whale Faces Over $6 Million in Losses] According to monitoring by Lookonchain, the price of CXMT surpassed $8 on the fifth day after its launch. On-chain data shows that whale address 0xf292 holds a short position of 2.9 million CXMT (approximately $23.54 million), with an unrealized loss of $4.67 million and $1.42 million paid in funding fees, resulting in a total loss exceeding $6.09 million. Meanwhile, whale address 0x9a80 holds a long position of 1.63 million CXMT (approximately $13.27 million), with an unrealized profit of $2.46 million and $823,000 earned in funding fee income.