On-chain analyst @ai_9684xtpa said the largest short address in ChangXin Memory Storage (CXMT) is still increasing its position. Two hours before the update, the address added 2 million USDC in margin to Hyperliquid and continued placing limit sell orders through TWAP execution. The address currently holds a 1x leveraged short position of 2.072 million CXMT, with a notional value of about $12.78 million. Its average entry price stands at $6.4434, and the position is showing an unrealized profit of about $563,000. In addition, 435,677.8 CXMT in limit sell orders at $6.11 remain unfilled, with a total value of about $2.66 million. The figures were cited by ChainCatcher, referencing monitoring data from the analyst.
ChainCatcher reported, citing on-chain analyst @ai_9684xtpa, that the largest short address in ChangXin Memory Storage (CXMT) is still adding to its position.
Two hours before the update, the address added 2 million USDC in margin to Hyperliquid and continued placing limit sell orders via TWAP.
At present, the address holds a 1x leveraged short position of 2.072 million CXMT, with a notional value of about $12.78 million. The average entry price is $6.4434, and the position is showing an unrealized profit of roughly $563,000.
Separately, 435,677.8 CXMT in sell orders priced at $6.11 remain unfilled, with a total value of about $2.66 million.
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