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[Changxin Technology's Largest Short Seller Closes Position, Total Loss of $10.98 Million] Changxin Technology's largest short seller closed all positions after holding for 2 months, with a total loss of $10.98 million. The trader established a short position at a price of $6.5 the day before Changxin Technology's listing. Due to price strengthening, the position was eventually closed at a price of $8.5. Among the losses, $5.18 million was spent on holding costs, and $5.8 million was lost due to price changes.

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