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New Wallet Deposits $100 Million USDC Into Hyperliquid, Opens CXMT Short

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2026-07-16 06:53:42
A newly created wallet deposited 100 million USDC into Hyperliquid and immediately opened a short position on CXMT, according to on-chain analytics platform Lookonchain. According to ChainCatcher, the wallet has an open 1x short of 514,357 CXMT and placed a limit sell order to add 490,000 CXMT if the price reaches the $8 to $9 range.
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