Trade Specifications and Mechanics
Published 7/26/2026, 11:48:02 AM
A trader known as cookerxbt reportedly generated a $502,000 profit by shorting the $CXBT token during a period of extreme volatility in late January 2025. The trade capitalized on a sharp market correction where the token's valuation reportedly fell from a peak of 182M to 20M (an ~89% decline) [Source: https://x.com/cookerxbt/status/1884375929172156542].
Trade Specifications and Mechanics
The position was characterized by high notional value and significant leverage, though specific on-chain transaction hashes for the $13M entry have not been independently verified.
| Metric | Details | Source |
|---|---|---|
| Notional Position Size | ~$13,000,000 | [Note: not independently confirmed] |
| Realized Profit | ~$502,000 | [Source: https://x.com/nomadennaaaa/status/1882595252911128913] |
| Estimated Leverage | High (10x–50x range suggested) | [Source: https://x.com/cookerxbt/status/1882594715536851237] |
| Trade Date | Circa January 24, 2025 | [Source: https://x.com/cookerxbt/status/1882600180236870113] |
$CXBT Token Context
$CXBT (also referred to as CVXBT) is associated with an AI agent narrative involving Trusted Execution Environments (TEE) and "InfoFi." The token exists across multiple chains, though liquidity remains fragmented.
- Ethereum Contract:
0x3d9f50ff018cfbb2ab02c90ff2f96e11333f4444[Source: https://x.com/Coinvo/status/1930618408736825376] - Solana Contract:
CxbT...pump(Pump.fun launch) [Note: not independently confirmed]
Market Conditions and Profit Generation
The profit was generated through a "beta" trial of a signaling platform where the trader anticipated the exhaustion of the initial hype cycle.
- Narrative Exhaustion: The short was entered as the "AI Agent" and "Web3 Gaming" narrative for CXBT reached local peaks [Source: https://x.com/cookerxbt/status/1884375929172156542].
- Liquidity Exit: As the market cap collapsed from 182M to 20M, the high-leverage short position gained value inversely to the price drop.
- Ecosystem Reinvestment: The trader claimed that profits from these short positions would be cycled back into the CXBT ecosystem rather than withdrawn as personal gain [Source: https://x.com/cookerxbt/status/1882600180236870113].
Verification Note: These figures and trade details are primarily based on self-reported social media data from the trader and affiliated accounts. Independent exchange records or third-party market data confirming the $13M notional size and exact entry/exit prices are currently unavailable. Caution is advised due to limited liquidity and the promotional nature of the source material.