A wallet tracked as smart money has opened a short position on CXMT, identified as ChangXin Memory, on Hyperliquid, according to monitoring data cited by Odaily and provided by Onchain Lens. The address deposited $5 million into Hyperliquid earlier in the day and then opened a short position of roughly 63,400 CXMT. The position was valued at about $432,000 at the time of the report. No additional details about the trader’s identity or broader strategy were disclosed in the source note. The update was published as a brief market-moving item under the whale activity category.
A smart-money address opened a short against ChangXin Memory, or CXMT, on Hyperliquid, according to Onchain Lens monitoring cited by Odaily.
The wallet deposited $5 million into Hyperliquid on the day of the trade, then opened a short position of about 63,400 CXMT worth roughly $432,000.
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