On-chain analyst Ai Yi said the largest short address in Changxin Storage (CXMT) is still adding to its position. Two hours before the update, the address deposited another 2 million USDC as margin on Hyperliquid and kept placing limit sell orders through a time-weighted average price, or TWAP, strategy. The address now 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 roughly $563,000. In addition, a separate limit sell order for 435,677.8 CXMT at $6.11 remains unfilled, with a total value of about $2.66 million. The figures were attributed to monitoring data published by Ai Yi (@ai_9684xtpa) and cited by BlockBeats on July 26.
BlockBeats reported on July 26 that, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), the largest short address in Changxin 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 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. Its average entry price is $6.4434, and the position is sitting on an unrealized profit of about $563,000.
Separately, a limit sell order for 435,677.8 CXMT at $6.11 remains unfilled, with a total value of about $2.66 million.
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