CXMT Price Spike Fully Liquidates Trader’s 272,505-Token Short Position

A trader identified as 0x517b had a short position of 272,505 CXMT fully liquidated after the token’s price suddenly surged, resulting in a loss of $249,000. According to ChainCatcher, Lookonchain monitored the liquidation, which involved a position valued at $1.8 million.