Changxin, one of Hyperliquid’s biggest $CXMT longs, looks like he’s finally taking some profit.
The whale has been selling in batches using TWAP + limit orders, and has already sold close to 100K CXMT, locking in around $230K profit.
He’s still holding a huge position. The wallet has 1.53M #CXMT in a 5x long, worth around $13.34M.
Entry: $6.61, Floating profit: ~$5.45M, including funding.
Address: 0x9a80d88c21be60e870d07d852390e92d09223cf2
After riding CXMT this high, it looks like the whale is finally saying: take some profit, let the rest run.
The whale has been selling in batches using TWAP + limit orders, and has already sold close to 100K CXMT, locking in around $230K profit.
He’s still holding a huge position. The wallet has 1.53M #CXMT in a 5x long, worth around $13.34M.
Entry: $6.61, Floating profit: ~$5.45M, including funding.
Address: 0x9a80d88c21be60e870d07d852390e92d09223cf2
After riding CXMT this high, it looks like the whale is finally saying: take some profit, let the rest run.