Traders shorting Changxin face floating losses nearing $10 million, with daily funding fees of approximately $460,000
Source:
x.com
According to Ai Yi's monitoring, a trader shorting ChangXin is currently facing significant pressure from losses. It is estimated that they need to pay approximately $460,000 in funding fees daily; as the ChangXin price continues to rise, cumulative unrealized losses have approached $10 million. If the price continues to trade sideways and the funding rate remains unchanged, their margin of over $20 million may be consumed by funding fees within approximately 45.5 days.