A large CXMT short position is still increasing, according to on-chain analyst @ai_9684xtpa. According to ChainCatcher, the address added $2 million in USDC margin to Hyperliquid two hours ago and continued placing limit sell orders through TWAP.
The address currently holds a 1x leveraged short position of 2.072 million CXMT with a notional value of about $12.78 million, an average entry price of $6.4434, and unrealized gains of about $563,000. It also has 435,677.8 CXMT in unfilled limit sell orders at $6.11, with a total value of about $2.66 million.
CXMT Whale Short Adds $2 Million USDC Margin on Hyperliquid
2026-07-26 02:03:39
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