A whale shorted Changxin Technology with a scale of 18 million US dollars, resulting in a loss of 1.4 million US dollars due to price increases

According to the monitoring by Yu Jin, a whale has been continuously short selling Changxin Technology, with a current short position size of 18 million US dollars and an average opening price of about 6.4 US dollars (about 43 yuan). The price range for closing and placing orders at this address is set between 2 and 4.5 US dollars (approximately 13 to 30 yuan). Changxin Technology's pre-market contract price rose to $7, causing the whale to incur a floating loss of approximately $1.4 million.