Changxin Technology closed up 12.7% on its third day of listing, with its most steadfast early bulls maintaining their buying stance.

CXMT (Changxin Technology) rose 12.66% on its third trading day, closing at 52.95 yuan, up 5.95 yuan from the previous session’s close of 47 yuan. During the session, the stock hit an intraday low of 46.26 yuan and a high of 53.99 yuan, with a maximum rebound of 16.71% from the intraday low. CXMT closed at 49 yuan on its first trading day, and its current price has risen roughly 8.1% cumulatively since its debut. According to Hyperinsight monitoring, as of press time, CXMT trades at $7.139 on Hyperliquid. The previously tracked whale address starting with 0x9a8 currently holds a 5x isolated long position in CXMT, with a position value of approximately $11.653 million, an average entry price of $6.615, an unrealized profit of about $848,000, a return rate of around 39.3%, and a liquidation price of roughly $0.756. The whale went long at 9:46 on July 15, the first day CXMT futures were listed. It bought approximately $1.608 million worth of CXMT on that debut day, and has since maintained a one-way position increase with no sell records, including adding about $2.353 million on July 27 (the day CXMT listed on the A-share market), marking its largest single-day position increase since entry; it added another $993,000 on July 28; and around $130,000 again before today’s A-share opening. Currently, the whale has placed 7 CXMT buy orders in the $6.01 to $6.41 range, with a total order value of about $609,000, and no sell orders yet. After CXMT’s sharp rally on its third trading day, the address continues to hold a low-level accumulation plan. Previous news: CXMT’s largest long position holder added to positions on dips, with the total scale reaching $10.4 million.