This trader now holds Hyperliquid's largest CXMT position.
Address 0xf29…41244 has become the #1 $CXMT position on Hyperliquid, with a current short position worth approximately $7.88 million.
The trader is currently short 1.23 million CXMT at an average entry price of $6.615, implying a valuation of roughly RMB 44.85 per share and a ~RMB 3 trillion market cap for CXMT.
The position could grow even larger.
Add: 0xf2925cb0779a741fe33037cbd88fca5382e41244
The wallet still has a TWAP limit sell order for another 420,000 #CXMT at $6.4284, with only 34.39% filled so far. If the remaining order is fully executed, the total short position would increase to approximately $9.65 million, further extending its lead as the largest CXMT position on Hyperliquid.
Address 0xf29…41244 has become the #1 $CXMT position on Hyperliquid, with a current short position worth approximately $7.88 million.
The trader is currently short 1.23 million CXMT at an average entry price of $6.615, implying a valuation of roughly RMB 44.85 per share and a ~RMB 3 trillion market cap for CXMT.
The position could grow even larger.
Add: 0xf2925cb0779a741fe33037cbd88fca5382e41244
The wallet still has a TWAP limit sell order for another 420,000 #CXMT at $6.4284, with only 34.39% filled so far. If the remaining order is fully executed, the total short position would increase to approximately $9.65 million, further extending its lead as the largest CXMT position on Hyperliquid.