Short sellers of Changxin suffered nearly $10 million in floating losses, with daily funding fees of about $460,000
2026-08-18 17:20:13
According to CoinMeta, as monitored by on-chain analyst AI, a trader who went short on Changxin is required to pay approximately $460,000 in funding fees daily. Due to the rise in Changxin's price, the cumulative floating loss has approached $10 million. If the price remains stagnant and the funding fee rate remains unchanged, the trader's margin of over $20 million will be depleted by the funding fees within about 45.5 days.
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Source:Internet
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