A newly created whale wallet deposited $10 million in USDC on Hyperliquid to short CXMT, the listed entity of Changxin Technology. According to BlockBeats On-chain Detection, the wallet has already opened a 1x short position of 514,357 CXMT and placed limit orders to add another 490,000 CXMT short position between $8 and $9.
The wallet’s current position and planned additional short exposure were disclosed on July 16.
New Whale Wallet Opens Short Position on CXMT After Depositing $10 Million in USDC
2026-07-16 06:53:48
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
