Whale Opens $2.155 Million CXMT TWAP Short on Hyperliquid

A wallet has opened a $2.155 million TWAP short position in Longsys Storage's CXMT token, according to on-chain analyst Ai Yi. According to ChainCatcher, the order covers 300,000 CXMT at an average opening price of $7.1825, and if fully filled, it would become Hyperliquid's second-largest CXMT position. The order is 1.14% filled, and the account's margin stands at $15 million.