Key Highlights Wallet 0xf292 has fully closed the largest $CXMT short, at a total loss of $10.79 million, according to Lookonchain. The Hypurrscan screenshot shows the same address, an all-ti
Key Highlights
Wallet 0xf292 has fully closed the largest $CXMT short, at a total loss of $10.79 million, according to Lookonchain.
The Hypurrscan screenshot shows the same address, an all-time combined PnL of −$10.79 million, and $51.03 million in account volume.
CXMT’s largest short is fully closed. Wallet 0xf2925cb0779a741fe33037cbd88fca5382e41244 — the address Lookonchain identified as the largest $CXMT short — has fully closed that position, at a total loss of $10.79 million. Lookonchain posted the update on October 3 and linked the wallet on Hypurrscan.
Lookonchain’s line is direct: the largest $CXMT short, 0xf292, has fully closed the position, taking a total loss of $10.79 million.
The screenshot attached to the post shows that address and an all-time combined PnL of −$10.79 million. Account volume on the same view is $51.03 million. The combined PnL chart falls through August and September and sits at −$10.79 million in early October, after a deeper print near −$11.58 million.
The post calls it a full close. It does not say whether the exit was a discretionary close or a liquidation, and it does not give the price at which the position was closed.
CXMT Whale’s Portfolio | Source: @lookonchain (X)
On September 24, Lookonchain had said the same wallet was giving up after holding the short for two months. He was closing the CXMT short to cut losses, with a total loss of $10.91 million, including about $5.25 million in funding fees. At that point he still held a 2.65 million CXMT short, worth about $22.5 million.
The October 3 post is the later update. That remaining position is now described as fully closed, and the total loss is $10.79 million.
Frequently Asked Questions
Was the 0xf292 CXMT short liquidated or voluntarily closed? Lookonchain said the position was fully closed. The post does not say whether that was a discretionary exit or a liquidation.
What did the September 24 note say? Lookonchain said 0xf292 was cutting the short after two months, with a $10.91 million loss, including about $5.25 million in funding fees, and still held a 2.65 million CXMT short worth about $22.5 million. The October 3 post says that position is now fully closed.
How can the wallet be tracked? The address Lookonchain linked is 0xf2925cb0779a741fe33037cbd88fca5382e41244 on Hypurrscan. New position entries from that wallet would show there.Disclaimer: This article is for informational purposes only. Always refer to Pi Network's official channels for the most current partnership and protocol information.Also Read: NVDA Hits All-Time High at $237.88 — Fakeout or Breakout at Channel Top?
